{
  "id": 12346962,
  "title": "Ondo opens private markets with tokenized pre-IPO AI exposure",
  "url": "https://urgent.news/2026/10/06/ondo-opens-private-markets-with-tokenized-pre-ipo-ai-exposure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T09:21:38.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/ondo-private-markets-tokenized-pre-ipo-ai"
  },
  "original_language": "en",
  "account": "Ondo Finance, a real-world asset tokenization platform, is venturing into private markets by offering tokenized investments in an unnamed pre-IPO artificial intelligence company. This expansion is through a new service called Ondo Private Markets, which introduces tokenized notes whose returns are tied to the value of the company's common shares at a qualifying liquidity event. Investors can trade these notes in self-custody wallets or on secondary markets 24/7 without owning the actual company shares. The platform's inaugural notes are set to start trading this week, with plans to introduce products linked to other sectors like robotics, cybersecurity, biotech, and infrastructure. Ondo Stocks, the company's platform for tokenized US stocks and exchange-traded funds, currently manages over $1 billion in assets under management, providing access to more than 450 tokenized stocks and ETFs. This move follows other platforms' moves into private markets, such as Robinhood's venture fund investing in OpenAI stock and Citi launching a blockchain marketplace for private company shares.",
  "summary": "Ondo’s tokenized notes will give eligible investors exposure to private companies, with the first tied to an unnamed pre-IPO AI company.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}