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Blockchain Milestone JPMorgan’s Tokenized Treasury Settlement

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
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