Chainlink Launches Bank Payment Channels to Tokenized Asset Market with JPMorgan’s Kinexys and Ondo Finance

Mars Finance reports that Chainlink, Kinexys (the blockchain business of JPMorgan Chase), and Ondo Finance, a real-world asset tokenization platform, jointly announced today the successful completion of a cross-chain Delivery versus Payment (DvP) test transaction. In this transaction, the Kinexys digital payment network provided a permissioned blockchain network for depositing accounts used for payment settlement; Ondo blockchain provided a 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).