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

By: defi news|2025/05/15 00:00:18
0
Share
copy
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

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more