Ondo Plans Tokenized Anthropic Shares From IPO Day
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Ondo Finance plans to offer tokenized exposure to Anthropic shares from the company's IPO day through its Ondo Stocks product, using share-backed notes available to eligible non-US investors rather than the valuation-linked derivatives already trading. The structure differs from existing synthetic products that track Anthropic's private-market valuation without direct share backing. The move extends Ondo's tokenization push beyond Treasuries and funds into pre-IPO equity, targeting offshore demand for AI-linked exposure. What to watch is the IPO timing and allocation mechanics, plus whether Ondo's share-backed model draws volume away from derivative-based rivals.
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Named in this story
Ondo Finance (ONDO), Anthropic, Ondo Stocks
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