Tokenized real-world assets firm Ondo Finance announced the unexpected death of founder Nathan Allman on Tuesday, with longtime president Ian De Bode stepping in as CEO.

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.