Ondo Launches 24/7 Tokenized Access to Private U.S. Markets

Ondo launched a tokenized private-markets platform for qualified investors, opening 24/7 trading of pre-listing U.S. company exposure with an OpenAI private-market note as its first offering.

The note can trade around the clock on Ondo Perps’ spot order book, allowing investors to access the position without waiting for OpenAI to become publicly listed. Investors can hold the token in their own wallets and transfer it among eligible holders.

The product does not represent OpenAI shares or equity. Holders receive no shareholder rights, and Ondo has no affiliation, partnership or endorsement relationship with OpenAI.

Private Markets uses the same infrastructure behind Ondo’s tokenized stocks and tokenized U.S. Treasury products. The platform has $3.9 billion in total value locked and more than 1 million holders.