Ondo Finance announced the unexpected death of founder Nathan Allman, calling him a key force behind the company’s mission to build a more open financial system. The firm also confirmed that longtime president Ian De Bode will take over as CEO after leading strategy, product, and daily operations for more than two years. The leadership transition matters because Ondo is one of the largest real-world asset projects in crypto. Markets are now watching whether the company can maintain growth and institutional partnerships under new leadership.
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