Ondo Private Markets starts with a tokenized note on an unnamed pre-IPO AI company, tradable around the clock by non-US investors on secondary markets.

Ondo Private Markets starts with a tokenized note on an unnamed pre-IPO AI company, tradable around the clock by non-US investors on secondary markets.
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Speculative disconnects in pre-IPO markets are notable. For instance, Binance's implied $2.1T valuation for Anthropic contrasts sharply with its $965B private market mark. That's a significant difference between public speculation and private reality. #valuation #preIPO
Firmus, the pre‑IPO AI‑data‑center backed by Nvidia, Jane Street, Blackstone and Coatue, inks a multi‑year OpenAI deal for compute from two Malaysian sites, pushing its contracted capacity past 900 MW. Position before you predict. #PreIPO #AIInfra
Crusoe just closed a >$3B round at a $30B valuation, up 3x in 10 months. A $13B Jane Street cloud contract fuels the jump, and bankers are eyeing a near-term IPO. Position before you predict. #PreIPO #AIInfra