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Wu Say learned that after the unexpected passing of founder Nathan Allman, Ondo Finance’s new CEO, Ian De Bode, released a public letter stating that Ondo’s current on-chain asset scale is close to $4 billion and that it will continue to advance the development roadmap set by the founder. Ondo said that in the future, it will further expand from asset tokenization to trading, prime brokerage, and asset management, building an on-chain financial system covering stocks, ETFs, crypto assets, commodities, and prediction markets. Its perpetual contract platform, Ondo Perps, is expected to go live in the coming weeks, enabling trading using tokenized real-world assets (RWA) as collateral.