Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
JPMorgan settles tokenized treasuries transaction using Ondo Finance and Chainlink
By: bitcoin ethereum news|2025/05/15 04:15:06
0
Share
JPMorgan Chase has taken a step toward integrating with a public blockchain transaction using Ondo Finance and Chainlink. On Wednesday, the bank announced that it had settled a transaction on a public blockchain for the first time, using technology from Chainlink (LINK) and Ondo Finance (ONDO), according to Fortune reporting. The transaction, conducted in early May, involved JPMorgan’s blockchain division, Kinexys, moving funds between accounts on its private network to settle a purchase of tokenized U.S. Treasuries on Ondo’s public platform. According to Ondo Finance, the transaction was the first cross-chain, atomic Delivery versus Payment settlement of a tokenized asset on the Ondo Chain testnet. The transaction connected Kinexys’ permissioned bank settlement infrastructure with the public Layer 1 Ondo Chain via Chainlink’s cross-chain technology. JPMorgan used a public blockchain to process a transaction involving tokenized U.S. Treasury bonds. In partnership with $LINK and $ONDO . My bags are pumping. Until now, JPMorgan operated strictly within private networks. This marks a major shift toward public blockchain... https://t.co/2PpXHqF9IO pic.twitter.com/YzXU3bJPED — Ted (@TedPillows) May 14, 2025 The process relied on Chainlink’s interoperability protocol to trigger the payment, enabling communication between JPMorgan’s private system and the public blockchain. While JPMorgan has previously explored blockchain applications outside its proprietary network, including a 2024 pilot with Siemens Digital, this marks the first time the bank has built an operational framework to interact directly with public blockchains, according to Fortune. Traditional institutions are venturing into crypto JPMorgan’s move comes amid a broader shift in the U.S. regulatory climate. Traditional financial firms are ramping up their crypto activity. Fidelity is testing a stablecoin, Morgan Stanley is exploring crypto trading through E*Trade, and BlackRock continues to grow its tokenized treasury offerings. Discussions between Kinexys and Chainlink began more than two years ago, and the project has been part of the bank’s long-term strategy, according to Fortune. Source: https://crypto.news/jpmorgan-settles-tokenized-treasuries-transaction-using-ondo-finance-and-chainlink/
You may also like
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector
What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance
Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.
Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess
A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.
Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?
What did Andrew Ng say? Did he say anything? Is Distributed AI Training Feasible?
The economy is entering a new cycle, how can the average person prepare?
The key is not how much you earn, but whether you have cash flow, low leverage, and the ability to earn consistently
Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway
Sigma.Money's innovation is now translating into tangible market momentum.
Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?
Monad Ecosystem AI Deployment, More Than Just a Hackathon.
How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.
Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?
Why is it said that TradFi is not a short-term narrative?
a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years
What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.
a16z Crypto's latest research: What is the key to the large-scale application of DeFi?
The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...
Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks
Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.
AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above
Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.
Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector
What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance
Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.
Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess
A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.
App