Ondo announced Ondo Private Markets, a product offering eligible investors tokenized notes tied to private companies’ economic performance. The first note references an unnamed pre-IPO AI company; secondary trading was still described as expected to begin that week, not confirmed live. Ondo’s announcement · Oct. 6 press release
The notes are issuer obligations, not shares, and provide no shareholder rights. The release names PM Issuer Co (BVI) Limited among the entities covered by its forward-looking statements; it does not establish that entity’s specific role or disclose the note’s backing. The initial company and trading venue were not identified in the available announcement materials. Ondo announcement · Press release
“Kolo get” did not resolve to a verified Ondo connection. Searches surfaced KoloHub, a crypto card and wallet service, with no explicit Ondo link in its account or site. KoloHub · Kolo site