$ONDO Finance is suddenly at the center of a major RWA controversy. đ
After founder and CEO Nathan Allman died in May at 32, reports emerged that Ondo Finance was allegedly offered to potential buyers.
But thereâs an important twist:
Ondo denies it.
The company says nobody at Ondo had sought buyers or authorized anyone to do so.
What is confirmed is the bigger issue:
đč Allmanâs death created a dispute over company control
đč Ian De Bode became CEO after his death
đč Allmanâs estate is involved in an ongoing Delaware legal battle over control
đč Ondo manages more than $3.8B in tokenized Treasury and stock products
For me, the real story isn't simply âIs Ondo being sold?â
Itâs who controls one of the biggest names in tokenized real-world assets.
Until the governance dispute becomes clearer, $ONDO is a coin Iâm watching carefully.
The RWA narrative is still strong â but leadership and corporate control matter too.
Would you hold $ONDO through this uncertainty, or wait for more clarity?
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