At the moment, we’re introducing Ondo Private Markets, which provides eligible buyers tokenized publicity to the financial efficiency of industry-defining non-public corporations earlier than they go public.
Beginning with a pre-IPO AI firm, the primary market will launch this week with permissionless buying and selling accessible on secondary markets. Exposure to main names throughout robotics, cybersecurity, biotech, infrastructure, and different sectors will observe as Ondo builds out the broadest collection of private-company publicity onchain.
Exposure that has historically been opaque, gated by excessive minimums, and illiquid is now accessible in a permissionless token, totally composable and in a position to be traded 24/7.
Why Private Markets?
Private markets can supply much more in each breadth and efficiency than U.S. public markets, that are extensively thought to be the worldwide gold normal. 87% of U.S. companies with greater than $100 million in annual income are privately held, together with many shaping the following era of AI, robotics, and extra. They’ll additionally ship superior long-term returns. Over the 20 years ending December 2025, U.S. non-public fairness funds delivered annualized returns of 13.2%, internet of charges, in contrast with 11.3% for an S&P 500 public-market equal.
But entry to personal markets stays out of attain for a lot of retail and high-net value buyers, with excessive minimal investments create a considerable barrier to entry. Nonetheless, entry is just half the problem, with a scarcity of liquidity additionally holding again the asset class. Restricted secondary markets make it troublesome to exit, notably for buyers with smaller positions, who might have to attend years for an IPO. Getting in is troublesome, and getting out may be simply as arduous.
“An enormous and rising quantity of wealth-generating potential is out of retail buyers’ attain, concentrated in a dramatically smaller variety of institutional fingers.” — Eric Pan, CEO of The Funding Company Institute (ICI), the commerce affiliation for the worldwide asset administration {industry}
Open Entry, With A Means In and Out
Ondo Private Markets brings collectively focused publicity to particular person non-public corporations with permissionless 24/7 buying and selling, giving buyers publicity to high performing non-public corporations, whereas unlocking the power to switch or commerce their positions earlier than the reference firm goes public.
Particularly, Ondo Private Markets gives financial publicity to the financial efficiency of particular person non-public corporations by means of tokenized notes. Every observe’s payout is linked to the per-share worth realized on the referenced firm’s widespread shares at a qualifying liquidity occasion. Eligible buyers can commerce the notes 24/7 on secondary markets or maintain them in their very own wallets.
Right here’s why it issues:
1. Entry industry-defining corporations
Acquire financial publicity to personal corporations shaping the following period of the economic system, earlier than they attain public markets. We’re beginning with AI, with plans to develop into robotics, cybersecurity, biotech, protection, power, area, and extra, bringing eligible buyers entry to the businesses constructing out the fashionable economic system.
2. Purchase and promote, anytime
Private markets have traditionally supplied restricted liquidity. Ondo Private Markets allows buying and selling venues to generate liquidity, bringing consumers and sellers collectively 24/7. Buyers can enhance, scale back, or exit their publicity by means of secondary buying and selling with out ready for an IPO or different liquidity occasion.
3. Solely the businesses you need
Select the person companies you’ve conviction in, with out having to purchase a broad fund filled with corporations you do not. Construct publicity round your individual view of an organization’s prospects, with better management over which companies you embrace and the way a lot you allocate to every.
4. Self-custody and freely transferable
Maintain your tokens in your individual self-custody pockets and switch them to different eligible holders. Onchain transferability provides you flexibility over the place you maintain your tokens and the way you progress them between supported wallets and buying and selling venues.
5. Constructed on confirmed infrastructure
Ondo Private Markets is constructed on the identical institutional-grade infrastructure that has made Ondo the main issuer of tokenized shares and Treasuries, with $3.9 billion in complete worth locked, over 1 million cumulative holders, and partnerships with the biggest establishments in conventional markets.
Entry the Quickest-Rising Startups, Beginning With AI
Inside non-public markets, the fastest-growing startups have delivered outsized returns. AI corporations are main the best way, accounting for practically half of all unicorn worth. Along with SpaceX, the 2 main AI corporations are projected to generate extra worth than each U.S. venture-backed exit since 2000.
These non-public corporations shaping the way forward for AI, area, power, and robotics are staying non-public longer quite than going public, at the same time as their valuations climb into the lots of of billions or trillions of {dollars}. By the point these non-public corporations IPO, a good portion of their wealth creation might already be behind them.
“At the moment, the highest decile of high-growth corporations
are virtually solely within the non-public markets.”
— David George, Common Associate at a16z
Ondo Private Markets is constructed to supply a option to not solely get entry earlier than industry-defining corporations go public, but in addition a option to get out anytime in the event that they wish to scale back their publicity. The primary asset, tokens referencing a number one pre-IPO AI firm, is anticipated to start secondary market buying and selling this week, with robotics, cybersecurity, biotech, and infrastructure names to observe.
One Asset First, an Asset Class Subsequent
What Ondo Shares did for public corporations, Ondo Private Markets will do for personal corporations.
Ondo Shares turned the #1 platform for tokenized shares with over $1 billion in TVL, bringing over 450 tokenized shares and ETFs to international buyers that beforehand by no means had entry. Now Ondo Private Markets is bringing tokenized publicity to essentially the most in-demand non-public corporations, opening entry to eligible buyers worldwide, with 24/7 buying and selling on secondary markets.
We’re beginning with one market, however we’re on a path to redefine a complete asset class, bringing the broadest collection of private-company exposures buying and selling 24/7.
