JPMorgan’s $4 Trillion Asset Manager Completes First Public Blockchain Transaction with Chainlink and Ondo Finance

JPMorgan Chase, managing $4 trillion in assets, has completed its first transaction on a public blockchain, involving tokenized U.S. Treasuries. The transaction, a Delivery versus Payment (DvP) settlement, was facilitated by Chainlink and Ondo Finance, utilizing the OUSG tokenized fund. The transaction was executed through Kinexys by J.P. Morgan, connecting with the Ondo Chain testnet. This marks the debut of Kinexys on a public blockchain, demonstrating the integration of institutional payments with public blockchain infrastructures. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant