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.
Nateโs brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.
Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Financeโs longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.
We will continue building what Nate started. That is the most meaningful way we know to honor him.
The next phase of RWAs will not be defined by who tokenizes the most assets, but by who creates the deepest, most reliable markets around them.
One thing is for sure.
Tokenization is taking over!
Always thought litigation finance was interesting, first learned about it with @LitiCapital. Still my biggest investment aside from $IXS.
You basically help fund lawsuits and get a share of the proceeds if the suit is won.
Just found another player in this scene, @trize_io. Its for accredited+ investors, but cool to see either way.
"Kairos Digital Loan Notes programme, a digitally issued private credit product providing senior secured exposure to a diversified portfolio of UK litigation finance receivables."