Ondo Launches Tokenized Private-Company Exposure With 24/7 Secondary Trading

Ondo Private Markets launched on October 6 with tokenized notes tied to the per-share value of selected private companies, beginning with a pre-IPO artificial-intelligence company. The notes were expected to start trading on secondary markets during the launch week, offering eligible investors transferable exposure before a public listing, according to The Block . They are not shares or equity ownership in the referenced companies; the tokenized instruments instead link payouts to their per-share value at a qualifying future liquidity event.

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