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

The DefiantMay 14, 20251 min read

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

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.

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KEYWORDS

kinexystokenizedblockchainmanagingthe defiantondopublicchaseassetstransaction publicblockchain involvingpublic blockchainchase managingtransactionmanaging assetsassets completedcompleted transactioninvolving tokenizedtokenized treasuriesjpmorgancriptorjpmorgan chase

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