Ondo Finance launches Ondo Private Markets, with the first target being Pre IPO companies in the AI field
Ondo Finance launches Ondo Private Markets, providing investors with private company economic exposure through tokenized notes. The first target is a Pre IPO company in the field of artificial intelligence, expected to open for trading in the secondary market this week. The relevant tokens provide reference to the value performance exposure of the company's common stock in liquidity events, rather than the company's shares. Ondo Finance's existing on chain asset platform has a total TVL of approximately 3.7 billion US dollars, and about 87% of the companies with annual revenue exceeding 100 million US dollars are non listed companies.