JPMorgan Tokenizes U.S. Treasuries on $ONDO via Ondo Finance

By: bitcoin ethereum news|2025/05/16 02:15:05
0
Share
copy
JPMorgan used Ondo Finance to execute its first public blockchain trade involving U.S. Treasury bonds on the $ONDO ledger. Over $1 billion in Treasury tokens is now live across Ethereum, Polygon, Avalanche, Stellar, and $ONDO networks. The SEC is reviewing frameworks and exemptions to support legally compliant issuance of tokenized government securities. JPMorgan Chase has executed its first public transaction involving tokenized U.S. Treasury bonds on the $ONDO public ledger. The trade was facilitated by Ondo Finance and involved short-term Treasuries backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). These assets allow 24/7 blockchain-based settlement while adhering to institutional custody and regulatory standards. The transaction was processed via JPMorgan’s Onyx Digital Assets platform, which the bank launched in 2020. Onyx has previously been used for intraday repo settlements and transactions involving JPM Coin. Stablecoin Holders Target Treasury Tokens Ondo Finance CEO Nathan Allman said the product targets entities that hold stablecoins—such as DAOs, Web3 firms, and crypto-native funds—that need reliable, low-risk instruments on-chain. By tokenizing Treasuries, these groups can deploy capital with predictable returns without converting into fiat or interacting with traditional banking infrastructure. This setup supports automated liquidity management, allowing protocols to rebalance reserves or execute yield strategies directly through smart contracts. Public Chains Host $1B in Treasury Tokens Over $1 billion worth of U.S. Treasuries has now been tokenized across public blockchains like Ethereum, Polygon, and Avalanche. These are part of a broader $22.1 billion market for real-world assets (RWAs) being brought on-chain. Meanwhile, Franklin Templeton has issued tokenized Treasury funds on Stellar and Polygon. WisdomTree uses its digital platform, WisdomTree Prime, to offer tokenized exposures to U.S. government securities. JPMorgan selected the $ONDO ledger for its settlement speed, fee predictability, and regulatory focus. Unlike general-purpose chains, $ONDO supports financial transactions with low latency and customizable compliance logic, making it suitable for tokenized fixed-income products. It also allows integration with smart contracts for automated processing. SEC Talks Highlight Regulatory Path In April 2025, Ondo Finance and its legal counsel met with the SEC’s Crypto Task Force to present tokenization models that meet existing legal frameworks. Discussions included registration processes, broker-dealer compliance, and anti-money laundering standards. At the same time, the SEC proposed exemptions to encourage the use of distributed ledger technology in securities markets. These proposals aim to create regulatory clarity for blockchain-based asset issuance and trading. This transaction reflects a broader trend: large financial institutions are no longer limiting blockchain use to internal pilots. Instead, they are executing public trades involving regulated instruments and audited funds. By working with platforms like Ondo, banks such as JPMorgan are aligning blockchain infrastructure with compliance requirements and operational needs. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Source: https://coinedition.com/jpmorgan-completes-first-public-trade-of-tokenized-u-s-treasuries-on-ondo-ledger/

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more