Ondo Finance finalized a U.S. licensing acquisition, secured a stablecoin-collateral role for USDY, and appeared with a sizable weight in Grayscale’s DeFi Fund, while continuing the rollout of tokenized stocks for non-U.S. users.
Oasis Pro acquisition closes, bringing broker-dealer, ATS, and transfer-agent permissions
Ondo said it completed the purchase of Oasis Pro. The deal folds in SEC-registered broker-dealer, ATS, and transfer-agent permissions. This expands Ondo’s ability to run compliant tokenized-securities markets.
Industry outlets also reported the closing. Coverage emphasized the U.S. regulatory stack that now sits inside Ondo. That stack aligns with plans for regulated secondary trading.
Additionally, Ondo flagged next steps on execution and market design. The company framed the acquisition as an operational step, not a pricing event.
USDY tapped as primary collateral for USST mints, up to $50M
STBL named Ondo’s USDY as primary collateral to mint its USST stablecoin. The release cited up to $50 million of capacity. It described USDY as backed by short-term Treasuries and deposits.
Further notices repeated the headline figure and collateral role. They positioned the move as a structured integration between STBL and USDY. Timing landed on Oct. 10.
Secondary write-ups echoed the same capacity and purpose. They underlined how the collateral relationship is intended to operate. Again, this is product mechanics, not price.
Grayscale DeFi Fund shows ONDO among top weights after Q3 rebalance
Grayscale posted updated components for its DeFi Fund after the Q3 rebalance window. ONDO appears in the basket with a notable weight. The disclosure came via Grayscale’s channels.
Third-party summaries listed approximate post-rebalance weights. They showed ONDO near one-fifth of the fund, next to UNI and AAVE. Treat those figures as index snapshots.
As usual, weights can change on future rebalances. Therefore, readers should check Grayscale’s primary pages for the latest mix.
Tokenized stocks and ETFs: Ondo Global Markets keeps expanding access
In September, Ondo launched Global Markets for non-U.S. users. The venue listed 100+ tokenized U.S. stocks and ETFs at debut. Updates since then outline growth plans.
Partner materials state Alpaca supplies brokerage APIs for the service. The collaboration targets lower frictions around access and settlement. Rollout details remain focused on product, not trading calls.
Broader context shows tokenized-security efforts accelerating across finance. Recent reporting tracks regulatory and market design debates as platforms scale.
ONDO slips after triangle breakdown, rebounds on heavy volume
ONDO’s price broke down from a months-long symmetrical triangle, then printed a sharp selloff and fast rebound. The chart shows a large red daily candle that flushed toward the mid-$0.50s before buyers stepped in. Volume spiked during the move, signaling forced unwinds and dip activity rather than a quiet drift. Price now sits near $0.79, below the 50-day EMA around $0.917, which acts as first resistance on any recovery.
Before the break, ONDO had coiled between a descending trendline and rising support since August. Price attempted a push through the upper boundary in early October but failed, then reversed and sliced beneath the triangle. That failure turned the former ceiling near $0.95 into new supply. The rejection at that level aligned with the 50-day EMA, reinforcing it as a pivot zone that bulls must reclaim to reset momentum.
Looking ahead, the path is conditional. If ONDO can base above the $0.75–$0.80 rebound area and then close back over the 50-day EMA, focus returns to the broken trendline near $0.95 and the prior consolidation band around $1.00–$1.05. Sustained closes above those levels would neutralize the breakdown and reopen the medium-term target window highlighted on the chart toward $1.54. However, if price loses the rebound shelf and daily closes slip back under $0.75, sellers can press into the liquidation zone created by the flush, with volatility likely to stay elevated. In short, the tape needs a clean reclaim of the EMA and the old triangle top to rebuild a constructive structure.
ONDO RSI recovers from near-oversold but stays below the bullish midline
ONDO’s 14-day RSI rebounded to about 40 after a brief dip toward the 30 zone, signaling momentum is stabilizing after the selloff. The RSI moving average sits near 44 and slopes down, which shows trend pressure remains negative despite the bounce. In this state, rallies often fade unless momentum clears the mid-band decisively.
Through August and September, RSI made lower highs and spent more time under 50. That pattern reflected waning upside force and set up the recent breakdown on price. The latest rebound did not cross the RSI moving average, so buyers have not flipped control back yet. Until RSI reclaims 50 and holds, the move reads as a reaction inside a broader cooling phase.
Looking ahead, a clean RSI close above its moving average and the 50 midline would confirm improving momentum and support a price rebuild. However, repeated stalls around 45–50 would warn of trend fatigue and raise the risk of another retest toward the low-30s band. In short, momentum has stabilized, but bulls still need an RSI regime shift above 50 to change the tape.
ONDO MACD turns deeper negative as signal crossover confirms bearish momentum
ONDO’s daily MACD line has crossed below the signal line and both sit under zero, which confirms a bearish momentum regime. The histogram prints red bars that are widening, so downside pressure is still building even after the initial selloff. In this setup, price bounces often stall unless MACD momentum slows and the histogram starts contracting toward zero.
Through late September and early October, MACD failed to sustain above the zero line despite short rallies. Each rollover produced a lower high in the oscillator, which telegraphed weakening trend strength before the breakdown on price. The latest leg pushed the MACD to its most negative reading since early summer, aligning with the high-volume flush on the chart.
Looking ahead, watch for sequence changes rather than single prints. First, the histogram needs to shrink toward flat, signaling loss of downside speed. Next, a bullish cross of MACD back over the signal line would mark an early momentum shift. Only then would a move through the zero line suggest a trend rebuild rather than a reactive bounce. Until those steps appear, the indicator favors sell-the-rally conditions.