Ondo Finance founder Nathan Allman dies; new CEO named
6.7 Investments Nathan Allman, founder of Ondo Finance, has died unexpectedly. Ian De Bode is now CEO. The company will continue Allman’s mission in tokenized real-world assets. No cause of death was given.
Nathan Allman, founder and CEO of Ondo Finance, has passed away unexpectedly, as confirmed by multiple company statements. The cause of death has not been disclosed. Allman, who founded Ondo Finance in 2021 after a career in digital assets and private credit, was widely recognized for his vision in bridging traditional finance with blockchain technology. Under his leadership, Ondo became a key player in the tokenized real-world assets sector, launching products such as tokenized Treasuries, equities, and stablecoins, and expanding its presence in institutional onchain finance. Following Allman’s passing, Ian De Bode, previously president and chief strategy officer, has been appointed CEO. The company has emphasized its commitment to continuing Allman’s mission of creating a more open and accessible financial system. The announcement prompted tributes from across the crypto and DeFi communities, highlighting Allman’s significant contributions to asset tokenization and the broader blockchain industry.
