Ondo may issue tokens backed by assets from Tesla and Nvidia.

The entities involved

• Ondo →

  city in Ondo State, Nigeria

  • Kogi fees remain lower than neighboring states, according to a report from November 3, 2026.Tue 18:02
  • Ondo represents UNICEF and UNDP in Syria, participating in rehabilitation efforts and a conference in Damascus.Mon 17:01
• Tesla →

  American automotive, energy storage and solar power company

  • OpenAI is in talks with BlackRock and UAE investment funds, while AI spending concerns are impacting technology stocks, including Tesla.Sat 16:37
  • Tesla is facing sales declines in the California market, linked to issues with the Cybertruck and intense competition from rivals like the GMC Hummer EV.Sat 01:22
• Nvidia →

  American multinational technology company

  • Krispy Kreme stock outperformed Nvidia year-to-date as of November 7, 2026.Sat 16:36
  • ProPublica reported on Doug Burgum's financial interests and ties to Nvidia, following his service in Donald Trump's Cabinet.Sat 01:25

Related events

• Investors liquidated holdings in major tech companies (Nvidia, Amazon, AMD, Tesla) while a fintech platform registered with SEBI.Wed 08:28
• Tesla received Nvidia H100 processors, and plans for a joint semiconductor project and potential merger between Tesla and SpaceX were reported.Nov 1
• Nvidia is securing multiple financing packages from major firms like Blackstone, Goldman Sachs, and Brookfield for data center projects.Aug 10