Ondo Finance just announced the unexpected passing of Nathan Allman, founder and CEO of $ONDO

$ONDO has been one of the strongest RWA names recently, so this is a major unexpected headline for the project

According to the team, Ian De Bode, Ondo Finance’s longtime President, will step in as CEO

It looks like the team had already prepared a leadership transition plan in case the worst happened

So far, on-chain data and project metrics have not shown any unusual reaction, while $ONDO price only pulled back around 6% after the news

Sad news for the Ondo team, but the project structure still looks stable for now
$XRP
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