Nathan Allman, the founder of Ondo Finance, has died unexpectedly, raising concerns about the future operations of the project. The market is closely monitoring developments following this sudden event.
In other news, Yushu Technology's IPO on the 科创板 is set for review on June 1, potentially increasing interest in the robotics sector. Meanwhile, Indonesia has blocked Polymarket under its online gambling laws, further tightening restrictions on offshore prediction platforms. Additionally, U.S. stock markets were closed for Memorial Day, with previous trading sessions seeing gains across major indices. The market's attention is now on U.S.-Iran negotiations and declining oil prices.
Ondo Finance Founder Nathan Allman Passes Away Unexpectedly
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