Ondo Finance Says Founder Nathan Allman Died May 26; Ian De Bode Named CEO
Ondo Finance said on May 26 that founder and CEO Nathan Allman died unexpectedly, and appointed Ian De Bode as chief executive effective immediately. After the update, ONDO fell 4.47% to about $0.42 over 24 hours, while the protocol reported roughly $3.79 billion in TVL across 12 chains.