Founder of Ondo Finance Dies Unexpectedly; Unitree Tech’s IPO to Be Reviewed on June 1

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On-chain news reports that Ondo Finance founder Nathan Allman has died unexpectedly, sparking uncertainty about the project’s future. Blockchain innovation remains in focus as Unitree Technology’s IPO on the Sci-Tech Innovation Board is set to be reviewed on June 1, drawing attention to the robotics sector.

ME News report, May 26 (UTC+8): German company Singularity Express highlights:

· Person of Interest: Nathan Allman, founder of Ondo Finance, has passed away unexpectedly; the market is closely watching the project’s future operations.

IPO Update: Yushu Technology’s科创板 IPO will be reviewed on June 1, potentially boosting interest in the robotics sector.

· Regulatory update: Indonesia blocked Polymarket under its online gambling laws, tightening restrictions on offshore prediction platforms.

· Macro Alert: U.S. stocks were closed yesterday for Memorial Day; on the previous trading day, all three major indices closed higher. The market is currently focusing on the progress of U.S.-Iran negotiations and the decline in oil prices.

· Active sectors: POND (+78.99%) and PHA (+25.33%) led the top gainers on the token price list; the computer hardware and Polkadot ecosystem sectors showed strong activity, up +9.23% and +4.33% respectively.(Source: Desun)



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