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Ondo launches onchain private-company exposure, starting with AI

Ondo launches onchain private-company exposure, starting with AI
The Block

The Block ·

The Block reports: Ondo Finance announced on Tuesday its plans to bring private-company exposure onchain, starting with a pre-IPO artificial intelligence company whose tokenized notes are expected to begin secondary-market trading this week. Dubbed Ondo Private Markets, the platform will offer tokenized notes tied to the per-share value of selected private companies at qualifying liquidity events, the company said in a statement. The notes are freely transferable and composable onchain,…

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