According to CoinMeta, Ondo Finance denied reports based on three anonymous sources, stating that after the founder Nathan Allman passed away on May 25, 2026, the tokenization company was indeed considered for sale. CoinDesk reported that efforts to contact potential buyers took place after Allman's death, but it was not possible to determine who initiated these efforts or what valuation discussions were held. Ondo rejected this report, calling it "completely untrue," and stated that no one within the company sought buyers or authorized anyone else to do so. The estate of Allman has not made any comments on this matter.