JPMorgan Completes First Public Blockchain Transaction
- JPMorgan Chase settled its first transaction on a public blockchain this week.
- The transaction involved tokenized U.S. Treasuries on Ondo Finance.
- Chainlink was used to connect between private and public networks.
- Total value locked of real-world assets on blockchains reached $12 billion.
- JPMorgan’s Kinexys platform has processed $2 billion in daily transaction volumes.
JPMorgan Chase has made strides in blockchain technology by completing its first public blockchain transaction using tokenized U.S. Treasuries, highlighting the growing trend of real-world asset tokenization among institutional investors.
Source (2.6)https://decrypt.co/319744/jpmorgan-settles-first-tokenized-treasury-transaction-on-public-blockchain-using-chainlink-ondo-finance?rand=52368