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JPMorgan Executes Landmark Tokenized Treasury Transfer via Ondo Finance and Chainlink
JPMorgan Executes Landmark Tokenized Treasury Transfer via Ondo Finance and Chainlink
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JPMorgan Chase has completed its first tokenized treasury transfer on an open blockchain, leveraging chainlink and Ondo Finance. The transaction, executed through the bank’s Kinexys platform—a rebrand of its earlier JPM Coin initiative—signals deepening institutional commitment to blockchain-based asset tokenization.
The MOVE underscores accelerating institutional adoption of digital assets, with tokenization emerging as a key driver of efficiency and transparency in traditional finance. JPMorgan’s deployment of blockchain infrastructure for treasury operations reflects growing convergence between legacy finance and decentralized technologies.
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