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Key with you:
- JPMorgan’s Private Blockchain test bridges with public layer, allowing atomic settlement of tokenized treasures and payments supported by Fiat using Cre Chainlink.
- With the CRE coordination of the transaction, ChainLink has effectively placed as a basic infrastructure for the financial interoperability of the cross chain.
- Kinexys, which is already in the daily volume of $ 2b+, shows the deployment in the real world, compatible with blockchain, not only innovation quarantines.
Kinexys jumped out of private books JPMORGANA 14 May Using chainlink to settle tokenized American cash registers on the Ondo chain in a split second swap that announces the future of Blockchain Wall Street.
A successful test indicates a step in linking traditional financing with a decentralized infrastructure using systems based on blockchain for atomic settlement between chains.
The store included transaction of delivery versus payments (DVP) between KinExys Digital Payments, which is a allowed blockchain and Ondo chain, a newly launched layer 1 designed for tokenized real assets.
KINEXYS AND CHAINLINK BRIDGE TRADFI AND DEFIS WITH TOKENized Ministry
According to the announcement“The asset in the transaction was a short -term US government treasury Ondo Finance (Ousg), a tokenized treasury product, while Kinexys served as a payment foot and settled through the Blockchain deposit accounts in its digital payment network.
The role of chainlink in the transaction was central. Its secure computing system off-alignment, chain storage environment (Cre), organized an atomic exchange.
The system directly integrated with the synchronized workflow of Kinexys to ensure trouble -free coordination between the two networks and maintain high institutional standards for safety and compliance.
The Head of Settlement Solutions in Kinexys, Nelli Zaltsman, said: “Kinexys Digital Payments is designed to support institutional clients of JP Morgan by strengthening current payment experience and anticipating future needs.”
“Safely connecting with public and private blockchain infrastructure can be offered scalable solutions for settlement. This first transaction to testnet ondo chain is a strong example of what is possible through cooperation,” he added.
The successful settlement of DVP deals with long -term challenges in traditional finances, where fragmented systems and manual workflows often cause costly delays. Cross -border transactions are particularly complex due to different regulations and currencies.
By settling both asset and payment legs on the chain, counterparty and settlement, it will reduce while improving liquidity and transparency control.
Sergei Nazarov, co -founder of Chainlink, commented on the wider consequences and said, “This is a clear sign of tradition and the definition of the convergence we have talked about for years. The chain reference was built to allow safe, institutional transactions across several blockchains.
The Kinexys platform has so far processed more than $ 1.5 trillion, with an average of more than $ 2 billion.
Institutional tokenization accelerates when JPMORGAN deepens web3 wiring
JPMorgan’s Tokenimed Treasury Trade on the Ondo chain indicates a key moment in a growing institutional embrace of real blockchain (RWAS) assets.
This step comes when the total value locked in RWAS across the defi platform exceeds $ 12 billion, According to defi llamathat show the sharp interest of great players.
The Fund of Institutional Digital Liquity in USD of Blackrock now holds almost $ 3 billion, which is 19% by 19%, in the last month, For RWA.XYZ Data.
Jpmorgan is active in this space since the launch of your private blockchain in 2019, later rebrated as kinexys. The platform now processes about $ 2 billion in the daily volume of transactions, supported by $ 1.5 trillion in derivatives.
Ripple and BCG project tokenized RWA market By 2033 to reach $ 18.9 trillionIt grows to 53% cagr.
In recent @ The report, finding that tokenized real world assets are assumed that by 2033 to 2033 to 2033 it has increased from $ 0.6 trillion to $ 18.9 trillion.#Tokenization #Rwashttps://t.co/ydzo0a7yap
– Cryptonews.com (@cryptonews) April 7, 2025
In the first phase of adoption, the financial sector focuses on well -known tools such as the treasury and funds of the cash market.
As the infrastructure ripens and proceeds to regulation, the transition to tokenization of complex assets, such as private credit and real estate.
Contribution Kinexys ignites tradf-defi shift with a milestone tokenized cash register on the chain of Ondo He appeared for the first time Cryptonews.
