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      Ondo Launches Ondo Private Markets, Tokenizing Private Company Equity Returns and Bringing Them On-Chain

      PANews, October 6 — Ondo Finance announced the launch of the Ondo Private Markets platform, aiming to bring the economic returns of industry-leading private companies on-chain in the form of Tokenized Notes. Ondo Private Markets provides investment exposure through tokenized notes, with each token's returns linked to the per-share value of the relevant company's common stock in a qualifying liquidity event (such as an IPO or other exit event). The tokens are freely transferable and can be combined with the on-chain DeFi ecosystem.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud