Svmuuhas reported that Ondo Finance has announced the passing of its founder, Nathan Allman.
The announcement states that Nathan Allman's vision, leadership, and technical expertise profoundly shaped Ondo's development, and he firmly believed that technology could build a more open and accessible financial system.
At the same time, Ondo announced that Ian De Bode, who has long served as President, will take over as CEO. The announcement notes that Ian has been responsible for the company's strategy, products, and daily operations for over two years and has received full support from the management team.
Ondo stated that it will continue to advance the work that Nathan Allman left unfinished.