#TrumpTariffs Chainlink, JPMorgan, and Ondo Finance Accelerate the Tokenization of Real-World Assets (RWA)
This cross-chain transaction is the first of its kind, paving the way for new possibilities in the tokenization of real-world assets. It demonstrates that both public networks (like Ondo Finance) and private/restricted networks (like Kinexys) can be utilized to exchange digital assets securely and efficiently.
Chainlink's CRE, an off-chain computing layer designed to make financial systems interoperable, serves as the foundation that enables such complex interactions.
"The tokenized asset economy is expected to experience massive growth in the coming years. With the increasing number of public and private blockchain networks, the ability to coordinate complex DvP transactions across multiple DLT environments [Note: DLT stands for Distributed Ledger Technology] will become increasingly important."