Nathan Allman, founder of Ondo Finance and a pioneer in tokenized real-world assets, has passed away. Ian De Bode, who joined Ondo in 2023 and became president in 2025, will succeed him as CEO. Ondo Finance, known for tokenizing US Treasuries and expanding into tokenized stocks and ETFs, is at a critical growth stage. The leadership change comes as the company strengthens ties with major financial institutions like JPMorgan and Franklin Templeton, continuing to bridge decentralized finance and traditional finance.
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
