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Ondo Finance Founder Nathan Allman Passes Away Unexpectedly
The tokenized RWA sector has lost one of its pioneers. @OndoFinance Announced on May 25, 2026 that founder and CEO @Nathanlallman has died unexpectedly. Cause of death has not been disclosed.
Leadership Transition
✅ President Ian De Bode steps in as new CEO
✅ He has led Ondo's strategy, products and daily operations for over 2 years
✅ Full backing from the management team
Allman's Legacy at Ondo
✅ Founded Ondo Finance in 2021 after Goldman Sachs Digital Assets team
✅ Brown University graduate
✅ Built $ONDO into a top tokenized RWA player
✅ Launched flagship products USDY, OUSG and tokenized equities via Ondo Global Markets
✅ OUSG crossed $827M in TVL in late 2025 (
Key Partnerships Under His Watch
✅ JPMorgan
✅ Franklin Templeton (March 2026)
✅ Broadridge (April 2026)
RWA is one of crypto's fastest growing narratives and Ondo sits at the center of it. $ONDO -8% Down After this News.
Thoughts with Nate's family, team and the Ondo community. 🙏