#fedoctoberratehikeoddsriseto69.7%
🚨 BREAKING: Was ONDO Shopped For Sale After Founder’s Sudden Death? 🚨
Major drama unfolding in the RWA (Real World Assets) space! 📉👇
A recent CoinDesk report reveals that Ondo Finance ($3.8B RWA giant) was allegedly pitched to buyers following the sudden passing of founder & CEO Nathan Allman on May 25.
📌 What You Need to Know:
⚖️ No Will & Probate Battle: Nathan died without a will while holding a controlling stake. His family (mother Kathleen Allman) filed a lawsuit against interim CEO Ian De Bode in Delaware Court over voting rights and control.
🤝 Alleged Sale Talks: Reports suggest someone tried to shop the company to buyers, though it remains unclear who initiated the move.
🛡️ Ondo’s Response: Ondo officially denied the claims, calling the sale talk “wholly untrue” and stating nobody at the firm sought buyers.
📉 Market Impact: ONDO slipped as leadership uncertainties and court proceedings sparked short-term FUD.
🪙 2 Related Coins to Watch in RWA & DeFi:
$PENDLE (Pendle Finance):
Why watch: Leading yield-tokenization protocol heavily integrated with RWA yields. As institutional focus shifts during Ondo's court battle, Pendle remains a prime alternative for yield farming on tokenized assets.
$MKR / $SKY (Sky / MakerDAO):
Why watch: The original pioneer of RWAs backed by short-term US T-bills. Strong decentralized governance structure avoids single-founder court disputes like Ondo's.
🤔 Where do you stand? Are you holding $ONDO through the governance storm, or moving capital into alternatives like $PENDLE or $MKR until the court case settles? Let’s hear your take below! 👇🔥
#BitcoinSpotETFsNetInflow$191M
#FedProposesRulesForBankIssuedStablecoins
#FedOctoberRateHikeOddsRiseTo69.7%
#BitcoinSpotETFsNetInflow$191M
🚨 BREAKING: Was ONDO Shopped For Sale After Founder’s Sudden Death? 🚨
Major drama unfolding in the RWA (Real World Assets) space! 📉👇
A recent CoinDesk report reveals that Ondo Finance ($3.8B RWA giant) was allegedly pitched to buyers following the sudden passing of founder & CEO Nathan Allman on May 25.
📌 What You Need to Know:
⚖️ No Will & Probate Battle: Nathan died without a will while holding a controlling stake. His family (mother Kathleen Allman) filed a lawsuit against interim CEO Ian De Bode in Delaware Court over voting rights and control.
🤝 Alleged Sale Talks: Reports suggest someone tried to shop the company to buyers, though it remains unclear who initiated the move.
🛡️ Ondo’s Response: Ondo officially denied the claims, calling the sale talk “wholly untrue” and stating nobody at the firm sought buyers.
📉 Market Impact: ONDO slipped as leadership uncertainties and court proceedings sparked short-term FUD.
🪙 2 Related Coins to Watch in RWA & DeFi:
$PENDLE (Pendle Finance):
Why watch: Leading yield-tokenization protocol heavily integrated with RWA yields. As institutional focus shifts during Ondo's court battle, Pendle remains a prime alternative for yield farming on tokenized assets.
$MKR / $SKY (Sky / MakerDAO):
Why watch: The original pioneer of RWAs backed by short-term US T-bills. Strong decentralized governance structure avoids single-founder court disputes like Ondo's.
🤔 Where do you stand? Are you holding $ONDO through the governance storm, or moving capital into alternatives like $PENDLE or $MKR until the court case settles? Let’s hear your take below! 👇🔥
#BitcoinSpotETFsNetInflow$191M
#FedProposesRulesForBankIssuedStablecoins
#FedOctoberRateHikeOddsRiseTo69.7%
#BitcoinSpotETFsNetInflow$191M
