JPMorgan Pioneers Public Blockchain Settlement Using Ondo Finance and Chainlink

JPMorgan Chase has made a groundbreaking move, successfully settling a transaction on a public blockchain for the first time. This significant step utilizes technology from Chainlink (LINK) and Ondo Finance (ONDO). The bank’s Kinexys division conducted this innovative transaction in early May, transferring funds between accounts within its private network to settle the purchase of tokenized U.S. Treasury bonds on the public platform provided by Ondo.