Ondo Finance launches onchain private-company exposure starting with AI

onchain private-company exposure — Ondo Finance has launched a new onchain platform offering tokenized exposure to private companies, beginning with a pre-IPO artificial intelligence firm.

The platform, called Ondo Private Markets, issues tokenized notes that represent ownership in private companies. The initial offering provides access to an unnamed AI company that is not yet publicly traded, allowing qualified investors to gain exposure through blockchain-based securities.

This move expands Ondo’s real-world asset (RWA) tokenization efforts beyond its existing products like U.S. Treasury and money market fund tokens. The company aims to bridge traditional private equity with decentralized finance (DeFi) infrastructure.

The launch represents a growing trend of bringing traditionally illiquid private market assets onto blockchain networks, potentially increasing accessibility and liquidity for accredited investors while maintaining compliance with securities regulations.