Ondo Finance Founder Nathan Allman Passes Away, Ian De Bode Takes Over

Ondo Finance, a leading firm in tokenized real-world assets, has announced the passing of its founder Nathan Allman. The company has named President Ian De Bode as his successor, effective immediately.

De Bode joined Ondo Finance in 2023 and was promoted to President in November 2025, giving him a deep understanding of the company's strategic direction. His background at McKinsey brings institutional credibility and crypto-native operational experience.

Ondo Finance has carved out a significant niche in tokenization, with products like OUSG and USDY offering exposure to US Treasury yields on-chain. The firm's position in the RWA landscape is built on the strength of its team and deliberate organizational planning.