Chainlink Launches Bank Payment Channels to Tokenized Asset Market with JPMorgan’s Kinexys and Ondo Finance
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Planet News: Chainlink, Kinexys (the blockchain business of JPMorgan), and Ondo Finance, a real-world asset tokenization platform, jointly announced today that they have successfully completed a cross-chain Delivery versus Payment (DvP) test transaction. In this transaction, the Kinexys digital payment network provided a permissioned blockchain network to deposit accounts for payment settlement; Ondo blockchain offered its next-generation L1 blockchain specifically designed for expanding real-world asset tokenization and its flagship tokenized U.S. Treasury Fund (OUSG). The DvP solution coordinated asset and payment movements, with end-to-end support provided by the Chainlink Runtime Environment (CRE).
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