Ondo Perps Lists OpenAI-Linked Note for 24/7 USDC Trading

Ondo Perps has added the OpenAI Private Market Note (OPAIPon) for spot trading against USDC at any time, day or night. This gives qualified investors a way to trade a token that represents financial exposure to OpenAI while the company is still privately owned.

OPAIPon is traded through Ondo Perps’ open spot trading system, which does not require special permission to access. Qualified investors can keep the token in their own digital wallets and trade it without having to wait for OpenAI to become a publicly traded company.

The note is part of Ondo Private Markets, a platform that lets qualified investors buy tokens linked to the financial value of private companies. The note linked to OpenAI was the platform’s first offering. OPAIPon/USDC is the trading pair used to trade the note against USDC on Ondo Perps.