Ian De Bode, president of Ondo Finance, will assume the role of CEO, the company said in a statement on Monday.

Ondo Finance founder Nathan Allman has passed away. President Ian De Bode steps in as CEO during a critical period for the tokenized real-world assets leader.

Ondo Finance founder Nathan Allman has passed away unexpectedly. President Ian De Bode steps in as CEO to lead the tokenized RWA firm.