Nathan Allman’s sudden death leaves Ondo Finance at a turning point

Ondo Finance, one of the leading real-world asset tokenization protocols with over $3.79 billion in total value locked, has confirmed the unexpected death of its founder Nathan Allman. Ian De Bode has been named the new chief executive officer, effective immediately. Filling Big Shoes Ondo Finance, a blockchain protocol that brings traditional financial instruments onchain, […]

Ondo Finance token is down 4% after Nathan Allman’s death announcement. Ian De Bode officially takes over as Ondo Finance CEO. Ondo TVL holds above $2.67 billion amid market uncertainty. ONDO token fell nearly 4% over the past 24 hours after news emerged that Ondo Finance founder Nathan Allman had passed away unexpectedly. The token […] The post ONDO price drops 4% as community mourns Nathan Allman’s death appeared first on CoinJournal.

Ondo Finance says its founder, Nathan Allman, died unexpectedly, with company president Ian De Bode to serve as CEO.

Ondo Finance, one of the leading decentralized finance (DeFi) platforms in the crypto industry, announced that its co-founder and CEO, Nathan Allman, has died. The company shared the news on Monday, May 25, and said it is also moving to ensure leadership continuity in the wake of the tragedy. Ondo Finance Confirms New CEO In […]

The leadership change at Ondo Finance could impact its strategic direction and influence the evolving landscape of tokenized finance. The post ONDO Finance founder Nathan Allman passes away, Ian De Bode named CEO appeared first on Crypto Briefing.

Token Terminal reports that tokenized stocks have become the leading category of tokenized assets on Ethereum, with xStocks and Ondo Finance leading the sector.

A crypto analyst has outlined 13 decentralized projects, including XRP, Stellar (XLM), and Ondo Finance (ONDO), that he believes could drive a fresh wave of crypto adoption. The analyst has stated that each of these projects fulfills a unique function and replaces legacy infrastructure worth trillions of dollars.  XRP, XLM, And ONDO Tipped As Next […]

The post ONDO rebounds 10%, but traders still lean bearish – Can $0.4 hold? appeared on BitcoinEthereumNews.com. With geopolitical tensions potentially easing and hopes of a U.S./Iran peace deal building, the crypto market saw renewed demand. Amid this shift in sentiment, Ondo Finance [ONDO] rebounded from a $0.37 dip, defended the $0.4 support level, and climbed to $0.44. At press time, ONDO traded at $0.42, up 10.45% on the daily chart. However, trading volume dropped 32%, signaling lower market participation. As the market recovered, traders opened new leveraged positions. Open Interest [OI] jumped 15% to $223 million, while Derivatives Volume fell 37% to $682 million. Source: CoinGlass The rise in OI suggested leverage was building quietly, but traders remained cautious. Higher OI alongside weaker Derivatives Volume often preceded stronger breakouts or sharper pullbacks. For now, ONDO’s market structure still reflected hesitation. Why are ONDO spot traders still selling? Despite th