Ondo founder unexpectedly passes away, RWA track loses key figure According to public information, Allman graduated from Brown University and worked as an assistant in the private equity credit industry before entering the cryptocurrency field in 2017 to establish a quantitative fund ChainStreet， Joined Goldman Sachs in 2019 as an institutional encryption service, founded Ondo Finance in 2021 Ondo's main direction is RWA - tokenization of real assets on the blockchain Simply put, it means moving traditional financial assets such as US stocks and ETFs onto the blockchain, so that non Americans can also buy them In September 2025, Ondo will launch over 100 US stock and ETF tokens on Ethereum, open to qualified users in the Asia Pacific, Africa, and Latin America regions We plan to expand to 1000 assets by the end of the year and also integrate BNB Chain and Solana Allman himself once said, "BNB Chain has one of the largest and most active global user bases in Web3, which allows us to bring tokenized US stocks to Asian users Partners include Trust Wallet, Binance Wallet, Bitget Wallet, Gate, etc. - the main customer base is Asia, especially Chinese funds What Ondo does is very clear: assets that Americans cannot buy and non Americans can buy, it helps you connect them on the chain We turned this into a business model and it worked