JPMorgan Ventures into Public Blockchain with Tokenized Treasuries

JPMorgan Chase, traditionally known for its private blockchain endeavors, has marked a notable milestone by settling its first transaction of tokenized U.S. Treasuries on a public blockchain. This event was facilitated through a collaboration involving Chainlink and Ondo Finance, utilizing technologies for cross-chain transactions. This step indicates a cautious integration with public blockchain networks while the bank primarily operates within its controlled environments.