Ondo Finance appoints Managing Director from McKinsey background

2026-02-04 21:06:12

Abstract generation in progress

In the course of its strategic expansion into the institutional business, Ondo Finance has appointed Matthieu de Vergnes as Managing Director for the Global Institutional Business. The move underscores the growing importance of institutional clients in the DeFi sector.

Industry Expert with Investment Banking Background

De Vergnes brings extensive experience from the financial industry. At McKinsey & Company, he served as a partner responsible for leading capital markets and investment banking operations. He will now leverage this expertise to build and expand Ondo’s institutional business activities.

Strategic Signal for DeFi Institutionalization

The appointment of an experienced Managing Director demonstrates that Ondo Finance is specifically targeting the development of the institutional market. Specialized leaders with traditional investment banking know-how are becoming increasingly important in DeFi projects to attract large investors and financial institutions. De Vergnes’ appointment highlights this trend in the industry.

ONDO-15,79%

DEFI-14,7%

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