Ondo Finance, a platform that turns real-world assets into tokens, is moving into private markets. Cointelegraph reported the plan on Oct 6, 2026. Ondo will issue tokenized notes that give eligible investors exposure to private companies.
The first note is tied to an artificial intelligence company that has not yet gone public. The report does not name the company. The note gives exposure to that company; it is not described as a share in it.
The report leaves several things open. It does not say who counts as an eligible investor, what the note costs, when it becomes available or which blockchain it will be issued on. It also does not say which private companies might come after the first one.
For someone already holding a perpetual futures position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report mentions no perpetual contract tied to these notes and no listing on any of the four exchanges. It also says nothing about funding rates, fees or liquidity on existing markets.
Source: cointelegraph — Ondo opens private markets with tokenized pre-IPO AI exposure