JPMorgan Executes $120M Repo on Ethereum—Tokenized Treasuries Arrive
🏦 JPMorgan has completed a $120 million repo transaction using tokenized U.S. Treasuries on Ethereum, marking its first public blockchain settlement. The trade was facilitated by Ondo Finance, with collateral backed by BlackRock’s BUIDL fund, and executed via Chainlink’s CCIP protocol for cross-chain interoperability.
📈 The transaction used JPMorgan’s Kinexys Digital Assets platform, which now supports real-time Delivery vs Payment (DvP) across public and private chains.
This milestone signals a shift from permissioned networks to regulated public infrastructure, with JPMorgan embracing Ethereum for institutional-grade finance.
💬 “We’re connecting institutional payments with public blockchains—securely and scalably,” said Kinexys head Nelli Zaltsman.
📊 Key metrics:
- Repo size: $120M
- Collateral: Tokenized Treasuries via BlackRock BUIDL
- Blockchain: Ethereum + Ondo Chain
- Settlement protocol: Chainlink CCIP
- Kinexys volume: $300B+ in repo trades to date
Why it matters:
✅ Real-world assets (RWAs) are now settling on Ethereum
✅ JPMorgan is leading the charge in tokenized finance adoption
✅ Chainlink’s infrastructure enables secure cross-chain DvP
🧠 Will tokenized Treasuries become the new standard for repo markets—or remain limited to pilot programs?
👇 Are you building RWA protocols or integrating tokenized bonds into DeFi?
📌 Follow me for daily updates on institutional blockchain adoption and tokenized asset trends.
JPMorgan #TokenizedTreasuries #EthereumFinance #ChainlinkCCIP
