Ondo clears FINRA hurdle as ONDO price tests resistance near $0.42
Ondo Finance has secured FINRA authorizations covering tokenized NMS stocks, exchange-traded funds, mutual funds, index funds and IPO securities for U.S. investors.
Summary
- Oasis Pro secured FINRA permissions for tokenized stocks, funds and IPO securities in the U.S.
- The framework supports stablecoin settlement and access through brokers, advisers and retirement accounts.
- ONDO faces resistance near $0.42 while holding above all four major moving averages.
Ondo Finance announced on July 23 that its SEC-registered broker-dealer subsidiary, Oasis Pro Markets, had received the permissions needed to launch regulated tokenized securities services under SEC and FINRA oversight.
According to the company, the authorizations cover over-the-counter retail transactions, underwritten primary offerings, private placements and other securities activities. Oasis Pro Markets can also operate a venue where U.S. issuers conduct primary offerings and eligible retail and institutional investors trade the resulting assets in secondary markets.
The approved framework supports settlement in fiat currencies or selected stablecoins, including transfers made directly between blockchain wallets, Ondo said. Supported products include National Market System equities, ETFs, mutual funds, index funds and securities issued through initial public offerings.
Oasis Pro Markets may also use omnibus account structures, allowing broker-dealers and registered investment advisers to connect their existing systems. Ondo said the arrangement could give institutional clients, retail investors and retirement accounts access through their current financial providers, reducing the need to open accounts on a separate platform.
The company cautioned that FINRA membership and SEC registration do not guarantee compliance with every rule. Neither regulator has recommended the products, approved them as investments or verified Ondo’s announcement, according to the disclaimer accompanying the release.
Authorization opens regulated U.S. distribution
Completed in October 2025, Ondo’s acquisition of Oasis Pro brought an SEC-registered broker-dealer, alternative trading system and transfer agent into the group. Oasis Pro Markets has been a FINRA member since 2020 and previously received authorization to settle digital securities using fiat, USDC and DAI, according to Ondo’s acquisition announcement.
Through Oasis Pro TA, the group can manage capitalization tables onchain while administering shareholder rights and transfers. Ondo said the transfer-agent unit also supports movement of collateral across asset types, giving the company regulated infrastructure for both issuing and servicing tokenized securities.
Earlier in July, Ondo introduced tokenized versions of BlackRock’s iShares Core S&P 500 ETF and Micron shares in partnership with Broadridge. Under the structure described by Ondo, the underlying securities remain within the established U.S. custody system while corresponding tokens are issued on Ethereum and held by regulated custodians.
The model follows a third-party custodial structure discussed by the SEC in January 2026. Ondo said each token is backed one-for-one by the underlying shares and carries the same shareholder rights and protections, including voting rights handled through Broadridge.
Before this U.S. rollout, Ondo Stocks mainly served eligible investors outside the country. The platform’s current terms still state that its existing Ondo Stocks tokens cannot be offered to U.S. persons unless they are registered or qualify for an exemption, meaning the new authorizations provide infrastructure for compliant U.S. services rather than automatically removing every product restriction.
Ondo reported in early 2026 that its tokenized products had exceeded $2.5 billion in total value locked, citing RWA.xyz and DefiLlama. At the time, the company said Ondo Stocks had generated more than $7 billion in cumulative trading volume across over 200 tokenized stocks, while its tokenized Treasury products accounted for about $2 billion in value.
Regulatory uncertainty had previously limited Ondo’s U.S. plans. In December 2025, the company reported that the SEC had closed a confidential, multi-year investigation without filing charges, although the closure did not amount to formal approval of Ondo’s products.
ONDO price faces resistance at $0.42
Ondo (ONDO) price traded near $0.40 at the time of analysis after falling roughly 3% over 24 hours, while its 7-day performance remained positive. Its market cap stood near $1.94 billion, based on a circulating supply of about 4.9 billion tokens, with daily volume above $130 million.
On the supplied Binance daily chart, ONDO rose as high as $0.4162 before retreating to about $0.398. The rejection places initial resistance between $0.416 and $0.42, where sellers interrupted the latest advance.
Despite the pullback, the chart shows ONDO trading above its four displayed moving averages. The 20-day average stands near $0.343, followed by the 50-day at $0.3465, the 100-day at $0.3409 and the 200-day at $0.3156.
Aroon readings also favor the recent advance, with Aroon Up at 92.86% compared with Aroon Down at 35.71%. Based on the chart, a daily close above $0.42 would clear the latest swing high, while failure to hold $0.38 could expose the moving-average cluster between $0.341 and $0.347.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
