Ondo Private Markets Goes Live @Ondo has officially launched its Ondo Private Markets platform, marking a significant step in the real-world asset (RWA) tokenization space. On October 6, 2026
@Ondo has officially launched its Ondo Private Markets platform, marking a significant step in the real-world asset (RWA) tokenization space. On October 6, 2026, Ondo Finance launched Ondo Private Markets, offering on-chain exposure to leading private companies through tokenized notes.
The product gives eligible investors tokenized exposure to private companies before those companies go public, with the first market referencing a pre-IPO artificial intelligence company. Ondo has not publicly named the AI firm. With $ONDO's new Private Markets feature, users can enter, exit, or adjust their positions ahead of a company's IPO, a capability that has historically been accessible only to institutional and venture-stage investors.
These notes are issuer obligations, freely transferable, composable onchain, and tradable 24/7 on secondary markets for eligible non-US investors.Ondo limits the offer to eligible non-US investors in permitted jurisdictions, and US persons cannot subscribe, acquire, or redeem the tokens under Regulation S.
It is important to understand what these tokens actually represent. The associated tokens do not represent equity or shares in the underlying companies, but instead provide holders with economic exposure tied to the performance of the company's common stock in qualified liquidity events, such as an IPO or acquisition.The product is issued by a BVI-based special purpose vehicle, not the private company itself.
Ondo Private Markets plans to expand to private companies in robotics, cybersecurity, biotechnology, infrastructure, and other fields. The breadth of that roadmap underlines the ambition behind the product and its potential to reshape how investors access pre-public opportunities.
The launch builds on an already substantial base. The company says its tokenized stocks and Treasurys platforms hold $3.7 billion in total value locked and have drawn more than one million cumulative holders.As Ian De Bode, Acting CEO and President of Ondo Finance, noted, "In the US, the majority of the investment options accessible for retail are public companies, yet 87% of companies with over $100m in revenue are private." The new Private Markets product is a direct attempt to close that gap, at least for eligible non-US participants, and could help cement @Ondo's position as a dominant force in the broader RWA sector.
Sources:The Block: Ondo launches onchain private-company exposure, starting with AIKuCoin News: Ondo Finance Launches On-Chain Tokenized Private Market ProductForkast: Ondo Finance Launches Ondo Private Markets
