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Ondo launches tokenized notes for pre-IPO private companies, starting with an AI firm

Protocol Fundamentals
07 Oct 2026
Crypto Daily
View Source
Neutral
Ondo launches tokenized notes for pre-IPO private companies, starting with an AI firm

Ondo Private Markets launched tokenized notes on October 6 that provide economic exposure to private companies before they go public, starting with an unnamed AI company. These notes are not equity but link payouts to the company's per-share value at a future liquidity event like an IPO or acquisition. Eligible investors can trade these notes on secondary markets 24/7 and hold them in self-custody wallets. Ondo plans to expand this offering to other sectors such as robotics, cybersecurity, and biotechnology, broadening access to private market investments before public listings.

Ondo's launch of tokenized private-company notes comes as only 6 of 50 major cryptocurrencies traded on Pluang rose today. For readers following digital assets, here is Pluang's market snapshot as of Oct 07, 2026 14:21 WIB: AXS (Axie Infinity) fell 6.11% to Rp21.794 with a typical hold time of 62 days and 89% buy order activity; XTZ (Tezos) dropped 5.70% to Rp5.613 with a 100-day hold time and 95% sell order activity; COMP (Compound) declined 5.22% to Rp416.540 with a 97-day hold time and 70% buy order activity.

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