Tiger Global

Ondo Finance was pitched to prospective buyers after founder and CEO Nathan Allman died, people familiar with the matter said, though the company denies any sale effort. A legal battle over corporate control has likely stalled any potential transaction while the tokenization firm continues operating under court-imposed limits.

Augustus has raised $180 million at a $1 billion valuation as it seeks to modernize clearing infrastructure for banks, fintechs and crypto firms. The company is not issuing its own stablecoin, instead positioning itself as a bridge between traditional payment rails and blockchain networks.