Ondo Finance has officially confirmed the passing of founder Nathan Allman. In a statement shared by the company, Ondo announced that longtime President Ian De Bode will step in as CEO and continue leading the project’s strategy and operations.
🔥 Ondo Finance is one of the leading projects in the Real World Assets (RWA) sector, focused on bringing traditional financial instruments on-chain.
Founded in 2021 by former Goldman Sachs executive Nathan Allman, the platform is known for tokenized U.S. Treasuries and yield-bearing products like USDY and OUSG.
The project aims to bridge traditional finance with blockchain infrastructure, making institutional-grade assets more accessible, transparent, and efficient for global users.
$ONDO has attracted backing from major investors including Founders Fund, Pantera Capital, and Coinbase Ventures, becoming one of the key players in the tokenized finance narrative.
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