Ondo Finance Launches Tokenized Notes for Pre-IPO AI Exposure
Key Facts
Ondo Finance launched tokenized notes allowing eligible investors access to private equity markets. Cointelegraph reported that the first issuance of these notes will provide exposure to an unnamed pre-IPO AI company.
The initiative aims to bridge the gap between traditional private equity and blockchain technology, allowing for more fluid exposure to assets. This expansion of Real World Asset (RWA) tokenization specifically targets high-growth AI startups before they hit public exchanges.
Latest Updates · 2
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Update: The company officially launched the 'Ondo Private Markets' platform to facilitate these investments, providing 24/7 on-chain access to private assets. This new infrastructure aims to enhance the trading efficiency of tokenized notes and ensure continuous liquidity for investors in private markets.
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Update: The new tokenized notes will support secondary market trading 24 hours a day, seven days a week. Access to this investment instrument is restricted to eligible non-US investors.