Ondo Opens 24/7 Onchain Exposure To Private Companies
Ondo Finance launched Ondo Private Markets on October 5, extending its tokenization business from Treasuries and listed securities to private-company exposure. The product aims to make tokenized exposure transferable and tradable around the clock, with an expected first market tracking a pre-IPO AI company. Robotics, cybersecurity, biotech and infrastructure companies may follow. The tokens are not ordinary shares and may not provide direct voting rights; legal rights and investor eligibility depend on the underlying structure. Private-company assets have opaque valuations, limited disclosure and thin liquidity, so round-the-clock availability does not guarantee active trading or reliable exit opportunities. The product’s key test will be whether it can provide meaningful liquidity for assets that remain inherently difficult to sell.
