According to CoinMeta, Ondo Finance has announced the listing of its AI IPO on the blockchain, expanding it into a tokenized stocks platform worth over $1 billion. Ondo is launching a tokenized investment in an unnamed pre-IPO company, allowing qualified investors to access it 24/7 through self-managed wallets. This token does not represent direct ownership; instead, its returns are linked to the realized value per share of common stock during qualified liquidity events (including IPO). It is worth noting that AI is just the beginning, as future developments will involve areas such as robotics technology, cybersecurity, biotechnology, and infrastructure.