India, May 26 -- Nathan Allman, the founder of blockchain-based finance platform Ondo Finance, has passed away, the company announced in a social media post Tuesday. In a statement released on social media confirming his "unexpected passing", Ondo Finance did not disclose the cause of death.

"It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder," the statement read. "Our hearts are with his family and loved ones. Nate's brilliance, humility, and drive shaped every part of what Ondo is today.

"His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be ove...