Ondo Finance says Ondo Perps for real-world assets will launch in coming weeks
Ondo Finance says its roadmap and leadership remain unchanged after founder Nathan Allman’s death, while the company plans new infrastructure and targets an Ondo Perps launch within weeks as on-chain assets approach $4 billion.
ONDO
Fact Check
Coindesk and Ondo Finance's own X announcement confirm Nathan Allman's unexpected death and Ian De Bode's CEO transition, supporting continuity of leadership. Cryptopolitan confirms the Ondo Perps launch is planned within weeks under the new CEO, and PANews reports a specific launch date of June 9, 2026, matching the 'within weeks' claim. TVL is reported at ~$3.5B (Coindesk/Cryptopolitan), broadly consistent with 'approaching $4 billion.' Minor uncertainty around the exact $4B framing keeps this below full certainty.
Summary
Ondo Finance said it will continue executing its existing roadmap as its on-chain assets near $4 billion. CEO Ian De Bode said the company’s leadership and strategy remain unchanged following the death of founder Nathan Allman. The company also said it plans to introduce new infrastructure in the coming days and still expects Ondo Perps, its real-world-asset-focused perpetuals platform, to launch in the coming weeks.
Terms & Concepts
- Ondo Perps: Ondo Finance’s planned platform for perpetuals trading tied to real-world assets, which the company says is expected to launch in the coming weeks.
- Real-world assets: Tokenized representations of traditional financial or physical assets brought onto blockchain infrastructure for trading, settlement, or collateral use.
- Perpetuals: Derivatives contracts with no expiration date, commonly used in crypto markets and typically designed to track an underlying asset’s price.