Tokenized stock platform Ondo plans to launch Anthropic stock tokens on Anthropic's first day of listing.

TechFlow news, November 6: According to The Defiant, Ondo Finance plans to launch Anthropic stock tokens through its tokenized stock platform, Ondo Stocks, on Anthropic's first day of public trading. The exact listing date has not been determined.

Under Ondo Stocks' legal structure, investors hold structured notes issued by Ondo Global Markets (BVI) Limited and collateralized by the relevant securities, rather than holding shares directly. Token holders may redeem at the value of the underlying assets but do not have shareholder voting rights or information rights.

The product is not available to U.S. persons; eligible non-U.S. retail and institutional investors subject to local restrictions may use it; direct minting and redemption require identity and anti-money laundering verification.

Source: TechFlow