JPMorgan Goes Public with Blockchain Treasury Settlement—Because Private Chains Weren’t Exclusive Enough
Wall Street’s blockchain love affair hits a new milestone—JPMorgan just executed tokenized treasury settlements on a public network. Forget ’permissioned’ playgrounds; the big boys are testing real-world DeFi waters.
Key details:
- First major U.S. bank to pilot public blockchain settlement for tokenized treasuries
- Proof-of-concept ran on a modified Ethereum network (because even banks know where the liquidity lives)
- Settlement times slashed from days to minutes—unless compliance wants coffee first
The irony? This from the same institution that once called Bitcoin ’a fraud.’ Now they’re racing to digitize the very assets they’ve traded for centuries. Progress—or just FOMO dressed in a pinstripe suit?
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Chainlink’s technology handled the cross-network coordination, ensuring real-time settlement across both platforms.
Though JPMorgan has explored blockchain before, this public-facing trial signals a broader shift. Despite political tailwinds and rising crypto enthusiasm, the bank insists this MOVE is part of a longer-term strategy — not a reaction to market sentiment.
