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JPMorgan first 'transfers money' via public blockchain – The future of real assets is being written
In a symbolic advancement, JPMorgan Chase has just completed its first tokenized asset transaction on a public blockchain, marking a deeper transition of this bank into the world of Web3 and decentralized finance (DeFi).
Specifically, #JPMorgan has executed a transaction with tokenized US treasury bonds through the Ondo Finance platform, using Chainlink as a bridge between traditional payment systems and public blockchain. This activity is part of the Kinexys project – a years-long effort to connect traditional finance with DeFi through distributed ledger technology.
Specifically, #JPMorgan has executed a transaction with tokenized US treasury bonds through the Ondo Finance platform, using Chainlink as a bridge between traditional payment systems and public blockchain. This activity is part of the Kinexys project – a years-long effort to connect traditional finance with DeFi through distributed ledger technology.
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