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Ondo Finance Sought Sale After Founder’s Death With $3.8B Managed
The company’s tokenized U.S. Treasury and stock products exceed $3.8 billion in total value, while a control dispute may have stalled a sale.
Mentioned assets
Ondo Finance sought potential buyers after founder and CEO Nathan Allman died, as the tokenization company managed more than $3.8 billion in products tied to U.S. Treasurys and stocks.
A legal dispute over control of the company may have stalled the sale plans.
Ondo’s offerings include blockchain-based products representing exposure to U.S. government debt and equities. The combined value of those products exceeds $3.8 billion.
