Ondo Finance CEO Ian De Bode Affirms Continuation of Business Plans

Ondo Finance CEO Ian De Bode has released an open letter mourning the recent passing of company founder Nathan Allman, while affirming that the company will continue to follow its established roadmap. According to Odaily, De Bode stated that Allman had established a robust management team and product plan, ensuring stability in the company's leadership and board structure. The strategic direction remains unchanged. De Bode revealed that Ondo Finance will announce new infrastructure plans in the coming days and continue the rollout of Ondo Perps. This product is positioned as the first perpetual contract platform for real-world assets (RWA), allowing tokenized assets to be used as collateral in trading. It is expected to officially launch in the coming weeks. Additionally, De Bode noted that Ondo's current on-chain asset scale is nearing $4 billion. The company plans to expand its business around tokenized stocks, ETFs, government bonds, and yield-generating assets, further extending into trading, prime brokerage, and asset management sectors.