Chainlink, JPMorgan Chase, and Ondo Finance Complete Cross-Chain Funds Settlement Trial

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ODAILY
06-12
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Odaily Planet News: Chainlink, Kinexys under JPMorgan, and Ondo Finance have completed a cross-chain payment delivery versus payment (DvP) settlement test, achieving asset exchange between a permissioned payment network and a public test network. This test involved the permissioned network Kinexys Digital Payments operated by JPMorgan and the Ondo Chain test network focused on real-world asset (RWA) tokenization. CRE is an off-chain computational layer designed to support cross-chain interoperability in financial systems. In this transaction, the core asset was Ondo's tokenized U.S. Treasury fund OUSG, which was exchanged for payment through the Kinexys platform. (Cointelegraph)

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