Catenaa, Tuesday, July 15, 2025-JPMorgan has advanced the integration of traditional finance with decentralized finance through a landmark cross-chain transaction involving tokenized US Treasuries.
The deal, executed by JPMorgan’s blockchain division Kinexys in partnership with Chainlink and Ondo Finance, signals a pivotal step in bringing institutional capital into DeFi ecosystems.
The transaction settled Ondo Finance’s Short-Term US Government Treasuries Fund (OUSG) on the Ondo platform, showcasing how public blockchain technology can enhance efficiency, transparency, and security in financial markets.
Kinexys, led by Nelli Zaltsman, employs an asset-agnostic, multi-network blockchain approach that leverages Chainlink’s oracle services for real-time data synchronization and cross-chain settlements.
This milestone reflects a broader trend as institutional players embrace blockchain-based tokenization of real-world assets.
JPMorgan’s move mirrors similar initiatives by financial giants such as BlackRock and Franklin Templeton, which are exploring tokenized investment funds to boost liquidity and accessibility. Regulatory clarity remains crucial to further adoption, particularly in US and EU jurisdictions.
JPMorgan’s blockchain strategy marks a shift from permissioned networks, like JPM Coin, toward public blockchains that facilitate broader market participation and interoperability. The bank is also exploring other avenues, including tokenizing various real-world assets and offering blockchain-native financial products.
This cross-chain success underscores the growing mainstream acceptance of DeFi and sets the stage for further innovation, potentially reshaping how institutional finance operates globally.
