Nathan Allman, co-founder and CEO of Ondo Finance, has unexpectedly passed away at the age of 34, shocking the global crypto community. The information was confirmed by the company on May 26, but the specific cause has not been disclosed.

In a message to the community, Ondo Finance stated that Nathan Allman's passing is a significant loss for both the company and the entire blockchain industry. The leadership team affirmed that they will continue to uphold the development direction he built over the years.

Nathan Allman was a standout figure in the wave of tokenization of real-world assets (RWA), a sector that is being viewed as the next important trend in the crypto market. Before founding Ondo Finance in 2021, he worked at Goldman Sachs, where he was involved with areas related to digital assets and capital markets.

After leaving Wall Street, Nathan Allman and his associates built Ondo Finance with the goal of bridging traditional finance and blockchain. The company focuses on developing tokenized financial asset products such as U.S. government bonds, fixed-income investment funds, and financial instruments for institutional investors.

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