Ondo Finance Acquires Strangelove to Strengthen Full-Stack RWA Infrastructure

July 15, 2025 — Ondo Finance has acquired blockchain development firm Strangelove, a move aimed at accelerating the development of a full-stack real-world asset (RWA) platform and expanding its technical capabilities.

Acquisition Strengthens Ondo’s Technical Stack

Strangelove, known for its work on protocol development, interoperability tools, and validator infrastructure, will integrate into Ondo’s core team. The acquisition enhances Ondo’s ability to design and deploy secure, scalable blockchain systems tailored for RWA use cases.

With this acquisition, Ondo becomes one of the few firms offering a truly full-stack solution—combining asset issuance, protocol design, and blockchain development under one roof. This positioning will be critical as global demand grows for institutional-grade, tokenized financial products.

Jack Zampolin Joins Ondo as VP of Product

As part of the deal, Strangelove CEO Jack Zampolin will join Ondo Finance as Vice President of Product. Zampolin previously led product development for multiple L1 chains and interoperability platforms, making him a key addition to Ondo’s leadership as it prepares to launch its own blockchain.

Zampolin emphasized that the partnership will accelerate the creation of onchain infrastructure needed to scale RWAs, while Ondo CEO Nathan Allman highlighted the synergy between Strangelove’s engineering depth and Ondo’s mission.

What Has Happened So Far

• 2024: Ondo expanded its tokenized asset offerings with products like OUSG and USDY.
• Early 2025: Ondo crossed $300 million in tokenized treasury exposure.
• May 2025: Ondo launched on multiple L1s and L2s to expand omnichain asset issuance.
• July 14, 2025: Ondo announced its acquisition of Strangelove to accelerate infrastructure development.

Ondo’s Vision for Tokenized Capital Markets

The acquisition reinforces Ondo’s broader strategy to modernize capital markets using blockchain technology. By integrating Strangelove’s infrastructure capabilities, Ondo aims to bring scalable, compliant RWA products to a global audience.

The firm plans to leverage this engineering base to launch a dedicated blockchain optimized for tokenized financial products.