Ondo Finance shopped to buyers after founder's death

CoinDesk reports that Ondo Finance has been shopped to prospective buyers, according to sources, following the sudden death of its founder and CEO Nathan Allman in May. The scoop adds a new dimension to the real-world-asset protocol's succession turmoil after a family dispute over Allman's stake came to light.

• No prospective buyer, terms or timeline were disclosed in the initial report.
• The development follows a conservatorship petition over the family's share of the founder's stake.