Exchanges· ★★★· neutral·

Ondo Finance faces court battle over control after founder's death

  • —A court is weighing who controls Ondo Finance after founder Nathan Allman's death
  • —Ondo's products hold more than $3.8 billion in assets
  • —Tokens traded through Ondo Stocks reached $26 billion in volume
  • —Ondo recently launched three onchain portfolios with strategies developed by BlackRock
Why it matters: The fight over control raises governance questions for one of the largest RWA tokenization players, with billions in assets under management.
Source: BTC-ECHO