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The reception we got on the pre-alpha has been overwhelming. Mark your calendars. Real equity perps with stock collateral and tradfi liquidity are coming and will redefine the category.
Wow wish Nathan was here to witness this moment
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 got the first US approved perps exchange
This is a big deal because $HYPE is the current perp exchange winner but HyperLiquid isn’t approved in the US
Once Ondo votes on the fee switch sharing protocol revenues with token holders this thing is going top 10 maybe even top 5
My last conversation with Nathan was about what the fee switch would look like and in his own words he said, “we’re thinking deeply about what that will look like because once you introduce the protocol revenues share you can’t change it so we want to make sure it’s right”
Ondo is going to do it, just question is when?
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 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 Finance’s 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.