Oasis Pro Finalizes Oversubscribed $27M Series A Round

Oasis Pro Inc. has completed a “significantly” oversubscribed $27+M Series A financing round.

As mentioned in an update shared with CI earlier this week, the financing “included existing investor UDHC and included other strategic investors such as Blizzard the Avalanche Fund, Inveniam, Redwood Trust (NYSE:RWT), TrustLabs (creators of TrueFi), Mirae Asset Venture Investment, Gate Ventures, and LedgerPrime, as well as additional leading blockchain thought leaders including StableNode.”

This milestone financing will be used “to fuel continued growth by building out the senior management team, expanding global business development, scaling the technology platform globally through new revenue streams, and adding complementary blockchain technologies.”

Oasis Pro’s subsidiary, Oasis Pro Markets will also “benefit as this funding will accelerate Oasis Pro Market’s Digital Asset Security ATS platform, global expansion and full service investment banking advisory practice.”

Pat LaVecchia, Founder and CEO, Oasis Pro Inc. and Oasis Pro Markets, stated:

“We are super excited and humbled by the overwhelming response from our strategic financial partners. Oasis Pro thanks our strategic partners and we are looking forward to accelerated growth together. As a rapidly growing fintech and blockchain company with a deep Wall Street and DeFi/blockchain experienced team, the ability to accelerate growth with our partners was our focus.”

LaVecchia added:

“Also, we believe the fact we’ve won support from some of the smartest strategic investors from the Americas, Asia, and Europe, in both TradFi and DeFi, is a validation of Oasis Pro’s long-term global strategy, focus and mission. In addition, our strategy continues to resonate with a growing number of strategic and financial investors regarding our future funding plans.” 

Pat LaVecchia said:

“Having a major protocol such as Avalanche committing to us is a clear sign that we will be an important part of blockchain infrastructure. The synergies with Inveniam are powerful and include important data, price discovery, valuation and tokenization services. Redwood Trust intends to issue mortgage-backed securities on our platform, a perfect product for OATSPRO, and we believe the opportunities with TrustLabs, Mirae Ventures, Gate Ventures, and LedgerPrime and our other partners are tremendous. We believe that we are now well positioned to drive the transformation of the capital markets towards digital asset trading on the blockchain.”

Steven Becker, CEO, UDHC, noted:

“The UDHC invests in projects that expand the DeFi ecosystem and fuel the transformation of traditional financial markets towards a regulatory compliant, decentralized, and efficient marketplace. As the lead investor for this Series A, we have tremendous confidence in Oasis Pro Inc. and CEO Pat LaVecchia, who has built a best-in-class ATS platform with a deeply experienced team. We look forward to supporting their efforts to bridge the gap between traditional and decentralized finance.”

Oasis Pro’s subsidiary, Oasis Pro Markets (OPM), is “a U.S. regulated multi-asset Alternative Trading System (ATS) for digital assets and a full-service investment bank.”

OPM’s ATS, OATSPRO “enables digital or fiat cash transactions for digital assets through a state-of-the-art matching engine.”

The Oasis Pro Markets product suite “is ripe for real estate related products including REIT’s and RMBS securities.”

Ryan McBride, Chief Investment Officer, RWT Horizons, added:

“RWT Horizons is proud to invest in and be a partner with Oasis Pro and the incredible team led by Pat LaVecchia. At Redwood, we have already seen the impact that blockchain can have on enhancing efficiencies in housing finance. We believe that Oasis Pro has built an innovative platform that can benefit investors and also support the further evolution of Redwood’s residential and business purpose lending distribution abilities.”

Patrick D. O’Meara, CEO, Inveniam, commented:

“The digitization of private markets only works when an ecosystem to support the entire life cycle of private market securities becomes a reality. Oasis Pro Markets is a vital part of that life cycle and Inveniam is proud to be partners with them in bringing about this new digital future.”

Establishing trusted relationships is critical “to the success of Oasis Pro and the company is focused on developing deep relationships with leading firms within the blockchain ecosystem.”

Lydia Chiu, VP of Business Development, Ava Labs, stated:

“Avalanche is delivering on the long-promised potential for institutional and decentralized finance to come together on-chain. Oasis is well-positioned to accelerate progress toward this goal with its deep technical expertise and understanding of how to streamline the full lifecycle of digital securities with smart contracts.”

OPM is “bridging the world of traditional finance, blockchain and DeFi.”

OATSPRO claims to be “at the forefront of digital securities innovation by leveraging blockchain and smart contract technology to create real-time settlement, while eliminating counterparty risk.”

OPM’s proprietary technology “provides a sleek, user-friendly experience for issuers and investors and OATSPRO offers efficient KYC/AML onboarding of digital securities for issuers, streamlined onboarding for investors, and provides a liquidity platform for private and public OTC market digital securities.”

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