DeFi· ★★★· neutral·

Ondo Finance launches 24/7 trading of OpenAI-linked tokenized bond OPAIPon

  • —OPAIPon trades 24/7 against USDC on Ondo Perps' permissionless spot order book
  • —Restricted to non-US qualified investors; no OpenAI shares or voting rights
  • —Issuer is PM Issuer Co (BVI) Limited; payouts track common-stock value upon a liquidity event
  • —Trading may be halted for platform checks or issuer actions
Why it matters: It marks an early case of round-the-clock on-chain trading of a bond linked to a private company, though liquidity and pricing remain constrained.
Source: TokenPost
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