According to CoinMeta, ondo and finance have launched ondo, private, and markets, providing investors with exposure to the private company economy through tokenized securities. The first underlying asset is a pre-IPO company in the field of artificial intelligence, which is expected to be listed for trading on the secondary market this week. The related tokens offer exposure to the performance of the reference company's common stock in liquidity events, rather than shares of the company itself. ondo and finance's existing on-chain asset platform currently holds approximately $3.7 billion in TVL; about 87% of these companies, with annual revenues exceeding $100 million, are non-listed firms.