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Ondo launches private-market notes ahead of its first AI offering

The notes are structured to give exposure without granting shareholder rights, with potential gaps between secondary-market pricing and the payout linked to a liquidity event.

Reported · Written up by our desk · Altcoins

Ondo is rolling out private-market notes ahead of what it describes as its first AI offering, aiming to give investors exposure to the deal without providing shareholder rights.

The Defiant notes that prices in the secondary market can move sharply away from the eventual payout that is tied to a later liquidity event.

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