Odaily Planet Daily report: Ian De Bode, CEO of Ondo Finance, released an open letter mourning the passing of the company’s founder, Nathan Allman, and stated that Ondo will continue advancing its business according to the established roadmap.
Ian De Bode stated that Nathan Allman had already established a robust management team and product roadmap prior to his passing, and that the company’s leadership and board structure remain stable, with no changes to its strategic direction. He revealed that Ondo will announce new infrastructure plans in the coming days and continue advancing the launch of Ondo Perps. The product is positioned as the first perpetuals platform for real-world assets (RWA), enabling tokenized assets to be used as collateral in trading, and is expected to go live in the coming weeks.
In addition, Ian De Bode stated that Ondo’s current on-chain assets under management are nearing $4 billion, and the company will continue expanding its business around tokenized equities, ETFs, government bonds, and yield-generating assets, further extending into trading, prime brokerage, and asset management.