The crypto world mourns the loss of a brilliant talent! Ondo Finance founder Nathan Allman passed away suddenly at the age of 32

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The blockchain and tokenized finance sector has lost a brilliant talent. Ondo Finance, focused on real-world asset (RWA) tokenization, released an obituary on Monday, confirming the sudden and unexpected passing of its 32-year-old founder and CEO, Nathan Allman. The news shocked both the crypto sphere and the traditional finance world. The Ondo team stated on the social platform X: "It is with profound sadness that we announce the unexpected passing of Ondo's founder, Nathan. His brilliance, humility, and drive shaped every part of what Ondo is today." It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones. Nate's brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a… — Ondo Finance (@OndoFinance) May 25, 2026 Built an RWA Financial Empire with a Wall Street Pedigree With prestigious academic credentials from Brown University, an Ivy League institution in the United States, Nathan Allman previously served on the digital assets team at top-tier investment bank Goldman Sachs. In 2021, leveraging the deep expertise he accumulated on Wall Street, he founded Ondo Finance, which quickly became one of the most closely watched RWA protocols on the market, specializing in bringing traditional financial assets such as U.S. Treasuries, money market funds, and equities onto the blockchain. Under Nathan Allman's leadership, Ondo successfully launched a series of impressive financial products through its global markets division (Ondo Global Markets), including USDY (tokenized yield-bearing dollar notes), OUSG (tokenized U.S. Treasuries), and even tokenized equities, successfully building a solid bridge between traditional finance and the decentralized world. Ondo Announces President Will Take Over as CEO In the face of this sudden tragedy, the Ondo team stated in its announcement that former President Ian De Bode will assume the role of CEO. The company emphasized that over the past 2+ years, De Bode has already deeply led the company's operational strategy, product development, and day-to-day management, and overall business operations will remain unaffected. Ian De Bode wrote on the X platform: "Ondo's mission, which was Nate's (Allman's nickname) mission, has not changed." If Nate were still here, he would absolutely want us to continue pursuing excellence and executing flawlessly. We will make him proud. As of now, Ondo Finance has not publicly disclosed the exact cause of Nathan Allman's death, but the Ondo team firmly reiterated that all employees will carry on with the founder's spirit, committed to realizing the vision Nathan Allman left unfinished — building a more open, transparent, and inclusive financial system.

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