- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
JPMorgan’s First Transaction on public blockchain via Ondo finance
By: cryptosheadlines|2025/05/15 16:15:06
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com JPMorgan Chase has completed its first-ever transaction on a public blockchain, underscoring the banking giant’s growing commitment to Web3 and decentralized finance (DeFi).The transaction, conducted on Wednesday, involved tokenized U.S. Treasuries via Ondo Finance and used Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to bridge private and public blockchain networks, according to a joint statement. The milestone forms part of JPMorgan’s broader Kinexys initiative, a decentralized finance platform designed to integrate traditional finance with blockchain infrastructure.JPMorgan’s move marks the first instance of a major global bank linking its core payment systems to a public blockchain. Given JPMorgan’s globally scaled payments infrastructure, this sets a strong precedent for the future of blockchain-powered finance.The initiative comes amid growing institutional interest in tokenized real-world assets. According to DeFi Llama, over $12 billion in RWAs are currently locked across more than 80 DeFi platforms. BlackRock’s USD Institutional Digital Liquidity Fund alone holds nearly $3 billion, up 19% over the past month, according to rwa.xyz.JPMorgan’s foray into blockchain technology began in 2019 with the launch of its private blockchain, JPM Coin—later rebranded as Kinexys. Today, Kinexys handles about $2 billion in daily transactions and manages around $1.5 trillion in derivatives contracts.The platform is designed to enable near real-time, around-the-clock cross-border settlements while reducing costs for financial institutions and developers.JPMorgan is one of several major banks entering the Web3 space. Earlier this month, Citi announced a partnership with SDX to tokenize shares of private companies for high-net-worth investors.Source link
You may also like
Vitalik Rare Self-Criticism: Ethereum Missed the Really Important Battle
Ethereum can't save the entire world, so what can we do?
SBF's bro turned 225 million into 5.5 billion in one year
Meet the 24-Year-Old AI New "Stock Market Wizard".
These former crypto builders have joined the world's hottest AI project
The Crypto Space Does Not Support Idleness
Key Market Insights for March 5th, how much did you miss out on?
1. Top News: Wall Street's key regulatory agency is moving forward with plans to regulate cryptocurrency and prediction markets
2. Token Unlock: None
Crypto VC Inflection Point: The Survival Answers of a16z, Dragonfly, Paradigm
A sign of the maturing Crypto VC space is no longer a sea of sameness but each finding their own path forward.
Is OKX's $25 Billion Valuation Really Justified?
In theory, OKX has tens of millions of new users to tap into in the United States
SBF's little brother turned 225 million into 5.5 billion in one year
Let’s meet the 24-year-old new "stock god" of AI.
In a World of Disruption, How Can Humanities Workers Better Use AI?
This AI in Practice experience is not about teaching you a few magical keywords to memorize; it's more like a methodology.
Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master
OpenAI's extensive PR rhetoric with the Department of War on these issues is either lying or deliberately creating confusion. These facts reveal a pattern of behavior, a pattern I have seen many times in Sam Altman, and I hope everyone can recognize it
On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.
Banking Lobby Group Slams Kraken's Approval for "Limited Purpose" Fed Master Account.
Bitwise: This weekend's attack accelerated the on-chain migration of the financial world
The never-ending market has become a global obsession.
Market Downturn: Which Assets Are Worth Watching?
"Whether it can bring benefits to the holder" is one of the key reference indicators.
The real opportunity of stablecoins is not to kill Visa
In the new merchant ecosystem born in the AI era, stablecoins will become the first widely adopted payment infrastructure.
Trump's AI Farce: Insult if You Don't Pay
Dario's all-hands email is full of ad hominem attacks
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.
Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"
A real bubble occurs when everyone is absolutely certain that "this is definitely not a bubble."
The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?
What Was Trending in the Last 24 Hours?
「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?
BTC price hits a new monthly high.
Vitalik Rare Self-Criticism: Ethereum Missed the Really Important Battle
Ethereum can't save the entire world, so what can we do?
SBF's bro turned 225 million into 5.5 billion in one year
Meet the 24-Year-Old AI New "Stock Market Wizard".
These former crypto builders have joined the world's hottest AI project
The Crypto Space Does Not Support Idleness
Key Market Insights for March 5th, how much did you miss out on?
1. Top News: Wall Street's key regulatory agency is moving forward with plans to regulate cryptocurrency and prediction markets
2. Token Unlock: None
Crypto VC Inflection Point: The Survival Answers of a16z, Dragonfly, Paradigm
A sign of the maturing Crypto VC space is no longer a sea of sameness but each finding their own path forward.
Is OKX's $25 Billion Valuation Really Justified?
In theory, OKX has tens of millions of new users to tap into in the United States
App