ChainCatcher reports that Ondo Finance announced the unexpected passing of its founder and CEO, Nathan Allman. Ondo stated, "Nate's talent, humility, and execution shaped Ondo as it is today. His unwavering belief that technology could build a more open and accessible financial system will continue to be reflected in everything we build in the future."
The announcement stated that Ondo has assembled an experienced management team, and Ian De Bode, longtime president of Ondo Finance, will succeed him as CEO. Ondo said that Ian has led the company's strategy, products, and day-to-day operations for over two years and has the full support of the management team.
