JPMorgan tests crypto waters with tokenized transaction via Ondo Finance
- JPMorgan settled its first tokenized transaction on a public blockchain with the help of Ondo Finance and Chainlink.
- The bank utilized Ondo Chain’s testnet to perform a Delivery versus Payment transaction.
- JPMorgan’s blockchain division transferred money between two accounts on its private blockchain, Kinexys, to purchase tokenized US treasuries.
JPMorgan Chase performed its first transaction on a public blockchain to facilitate the purchase of tokenized US treasuries through Ondo Finance’s Layer-1 network and Chainlink’s cross-chain technology.
JPMorgan settles first public blockchain transaction for tokenized treasuries
Financial services firm JPMorgan Chase has begun testing crypto payments using public blockchains….
