Ondo Finance has introduced Ondo Private Markets, a platform designed to bring the economic exposure of leading private companies on-chain through Tokenized Notes. Under the structure described by the company, each token’s payoff is tied to the per-share value of the relevant company’s common stock in a qualifying liquidity event, including an initial public offering or another exit event. Ondo Finance said the tokens will be freely transferable and can be used alongside on-chain DeFi applications. The company framed the launch around access: it said many high-growth U.S. businesses remain private for longer, leaving ordinary investors unable to participate in early-stage value creation. Citing data, Ondo Finance said about 87% of U.S. companies with more than $100 million in revenue are still privately held, while traditional private-market opportunities are largely concentrated among institutional investors and venture capital firms. The announcement was reported by prnewswire.
Ondo Finance said it has launched Ondo Private Markets, a platform aimed at bringing the economic exposure of leading private companies on-chain through Tokenized Notes.
According to the announcement, Ondo Private Markets offers investment exposure through tokenized notes. The return on each token will be linked to the per-share value of the relevant company’s common stock in a qualifying liquidity event, such as an IPO or another exit event.
Ondo Finance said the related tokens will be freely transferable and can be combined with on-chain DeFi ecosystems.
Private-market exposure brought on-chain
The company said a large number of high-growth businesses in the United States remain private, which has left ordinary investors unable to participate in their early value growth for extended periods.
Citing data, Ondo Finance said about 87% of U.S. companies generating more than $100 million in revenue are still privately held, while traditional private-market investment opportunities are mainly concentrated among institutional investors and venture capital firms.
The update was reported by prnewswire.
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