Ondo CEO: RWA Perpetual Contract Platform Ondo Perps Expected to Launch Within Weeks, Business to Proceed as Planned

Odaily Odaily, Ondo Finance CEO Ian De Bode issued an open letter, mourning the passing of company founder Nathan Allman, and stated that Ondo will continue to advance its business development according to the established roadmap.

Ian De Bode mentioned that Nathan Allman had already built a solid management team and product plan before his passing; the company's leadership and board structure remain stable, and the strategic direction will not change. He revealed that Ondo will announce new infrastructure plans in the coming days and continue to push for the launch of Ondo Perps. This product is positioned as the first perpetual contract platform for real-world assets (RWA), allowing tokenized assets to be used as collateral for trading, and is expected to officially launch within the next few weeks.

Additionally, Ian De Bode stated that Ondo's current on-chain asset scale has approached $4 billion, and it will continue to expand its business around tokenized stocks, ETFs, treasuries, and yield-bearing assets, further extending into areas such as trading, prime brokerage, and asset management.