Home Ondo Brings Pre-IPO AI Investment Onchain For Non-US Investors

Ondo Brings Pre-IPO AI Investment Onchain For Non-US Investors

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Ondo Brings Pre-IPO AI Investment Onchain For Non-US Investors
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Ondo Finance is bringing pre-IPO investment in a private AI company onchain for eligible investors outside the US. Its first product will be a tokenized note linked to a leading private AI company.

The product is expected to begin secondary market trading this week, allowing investors to buy and sell the notes around the clock. However, the notes will not give investors direct ownership of the private company. Instead, they will provide financial exposure to changes in the company’s share price during a qualifying liquidity event.

Ondo launched Ondo Private Markets through which investors can access private companies through blockchain-based products. The new products can be traded 24 hours a day. Investors meeting the required conditions can buy or sell the notes even when normal stock markets are closed.

However, the notes are not available to everyone. Access will be limited to eligible investors in permitted countries outside the US. Investors will also have to follow the rules that apply to each product.

The notes can be moved between supported blockchain networks and decentralized finance platforms. However, there can be restrictions depending on the country and the platform being used.

Introducing Ondo Private Markets: Private Company Exposure Trading 24/7

Source: Ondo.finance

Ondo Finance’s acting CEO Ian De Bode said private markets have traditionally been difficult for many investors to access. He said the company wants to provide 24-hour trading through blockchain technology.

Ondo is already involved in tokenized stocks and US Treasury products. These products have about $3.7 billion in total value locked, and Ondo says they have more than one million holders.

The new private-market products are therefore another step in Ondo’s tokenization business. Instead of focusing only on public shares and government debt, the company is now also trying to bring private companies onto blockchain networks. For now, the private AI company is the main product in the launch. More private companies are expected to be added later.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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