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Ondo Finance to open subscriptions for OpenAI tokenized note in early Nov

Protocol Fundamentals
27 Oct 2026, 00:43 WIB
Tokenpost
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Neutral
Ondo Finance to open subscriptions for OpenAI tokenized note in early Nov

Ondo Finance will start direct subscriptions for a tokenized note tied to OpenAI during the week of November 2. This note offers private clients exposure to OpenAI's private-company value without owning actual shares. It is also tradable 24/7 against USDC on Ondo Perps, allowing secondary market trading. OpenAI's IPO is expected in 2027, with CEO Sam Altman ruling out a 2026 IPO due to AI safety concerns.

Ondo Finance's plan for a tokenized note linked to OpenAI comes as Pluang's market breadth shows a balanced day with 24 cryptocurrencies rising and 24 falling. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 27, 2026 05:02 WIB: BAT is priced at Rp2.579 with a 1-day change of -5.68% and a typical hold time of 93 days, showing 95% buy order activity; CAKE trades at Rp38.790, up 4.61% with 65% buy orders; and ZIL is at Rp35, up 3.75% with 42% buy orders.

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