The “Holy Grail” of private markets comes to the blockchain
#OndoFinance tokenizes pre-IPO companies, starting with AI
#ONDO Finance launches Ondo Private Markets, a platform designed to provide exposure to the opaque private-company market, which represents 87% of companies with revenues exceeding $100 million.
AI debut: Tokenized promissory notes from a pre-IPO AI company will begin trading on the secondary market this very week. The plan is to soon expand to robotics, cybersecurity, and biotech firms.
24/7 liquidity (with caveats): Assets can be transferred and combined on the blockchain without interruption. However, Ondo clarifies that they are not actual shares and do not confer ownership rights; they are obligations linked to the per-share value during liquidity events.
Regulatory restrictions: The instruments will be restricted and may only be acquired by eligible investors outside the United States.
Consolidation in the RWA sector: This launch strengthens Ondo’s real-world asset (RWA) tokenization strategy, which already has $3.7 billion in total value locked (TVL) and includes major traditional partnerships, such as its recent agreement with Japan’s SBI Holdings.
#CryptoNews #altcoins
$ONDO
$SOL
$HYPE
#OndoFinance tokenizes pre-IPO companies, starting with AI
#ONDO Finance launches Ondo Private Markets, a platform designed to provide exposure to the opaque private-company market, which represents 87% of companies with revenues exceeding $100 million.
AI debut: Tokenized promissory notes from a pre-IPO AI company will begin trading on the secondary market this very week. The plan is to soon expand to robotics, cybersecurity, and biotech firms.
24/7 liquidity (with caveats): Assets can be transferred and combined on the blockchain without interruption. However, Ondo clarifies that they are not actual shares and do not confer ownership rights; they are obligations linked to the per-share value during liquidity events.
Regulatory restrictions: The instruments will be restricted and may only be acquired by eligible investors outside the United States.
Consolidation in the RWA sector: This launch strengthens Ondo’s real-world asset (RWA) tokenization strategy, which already has $3.7 billion in total value locked (TVL) and includes major traditional partnerships, such as its recent agreement with Japan’s SBI Holdings.
#CryptoNews #altcoins
$ONDO
$SOL
$HYPE
