Ondo Finance founder Nathan Allman passes away
CoinDesk
Ondo Finance founder Nathan Allman has passed away, with longtime president Ian De Bode stepping in to serve as the new CEO.Summary
Ondo Finance announced the unexpected death of its founder, Nathan Allman. While the company did not disclose the cause of death, they praised his leadership and dedication to creating a more accessible financial system. Ian De Bode, who has served as Ondo's president for over two years, will take over as CEO to lead the company's continued growth in the tokenized real-world assets sector. Allman, a former Goldman Sachs employee, founded the firm in 2021, successfully growing it to $3.5 billion in total value locked through products like the USDY stablecoin and tokenized U.S. Treasury funds.
(Source：CoinDesk)