JPMorgan’s Kinexys Connects With Public Blockchain on Ondo Chain Testnet Debut

JPMorgan’s Kinexys Connects With Public Blockchain on Ondo Chain Testnet Debut

JPMorgan (JPM) took its first step onto a public blockchain network through its Kinexys Digital Payments platform, settling a tokenized U.S. Treasury transaction on Ondo Chain’s testnet.The pilot, detailed in a press release shared with CoinDesk, marks the debut of a Delivery versus Payment (DvP) transaction on the testnet, a new layer-1 blockchain designed to support institutional-grade real-world assets.Kinexys, which the release says processe…

Chainlink, Kinexys by J.P. Morgan, and Ondo Finance Team Up to Bring Bank Payment Rails to Tokenized Asset Markets

The first-of-its-kind Delivery versus Payment solution is the debut transaction on Ondo Chain's testnet. The successful settlement of Ondo Finance's Tokenized...

JPMorgan Chase steps beyond ‘walled garden’ to settle transaction on public blockchain

This is the first time the U.S.'s largest bank has built out a system to interface with a public blockchain.

JPMorgan’s Kinexys, Chainlink, Ondo Finance Demo Atomic DvP Settlement for Real-World Assets - Invest In Crypto News

Helping you make informed financial decisions with the latest news and insights from the world of investing and cryptocurrency. Unlock the power of crypto.

JPMorgan Pilots Blockchain Settlement with Chainlink and Ondo

JPMorgan has taken a notable step toward integrating traditional finance with blockchain technology through a pilot transaction executed by its blockchain division, Kinexys. The transaction, conducted in collaboration with Ondo Finance and Chainlink, marks a significant achievement in cross-chain financial settlement using real-world tokenized assets. On May 14, JPMorgan disclosed that Kinexys had successfully completed a cross-chain atomic sett…

JPMorgan bridges blockchain and traditional finance in landmark pilot transaction

The post JPMorgan bridges blockchain and traditional finance in landmark pilot transaction appeared on BitcoinEthereumNews.com. JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys, successfully executed a cross-chain atomic settlement using Ondo Finance’s tokenized s…