Wu said that according to Fortune, JPMorgan Chase announced that it has completed its first transaction settlement on a public blockchain with the help of Chainlink and Ondo Finance. This transaction was operated by its blockchain department Kinexys, which purchased tokenized government bonds deployed on the ONDO public ledger through a private chain account and triggered cross-chain payments using the Chainlink protocol. This is JPMorgan Chase's first structure built to interface with a public blockchain. The co-founder of Chainlink stated that this mechanism is close to the production stage. Officials emphasized that this move is the result of years of planning, not due to recent regulatory or market changes.