Someone was trying to sell Ondo Finance after founder Nathan Allman's death
60-second summary
Ondo Finance denies reports it is seeking a buyer after co‑founder Nathan Allman’s death, stating the firm is not “shopping” the business, while Allman’s estate offers no comment. The clarification aims to steady investor confidence amid speculation that the DeFi platform could be sold, which might otherwise trigger token volatility and market uncertainty.
The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.