Chainlink, JPMorgan, Ondo Finance complete crosschain treasury settlement

Description

Chainlink, JPMorgan’s Kinexys and Ondo Finance completed a “first-of-its-kind” crosschain delivery versus payment (DvP) settlement between a permissioned payment network and a public testnet.

Authors

Amin Haqshanas

Publish date

June 12, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/chainlink-jp-morgan-ondo-crosschain-dvp-settlement

Referenced by

JPMorgan’s Kinexys and Ondo complete public-permissioned DvP test

Crypto news

News story

The test involved Kinexys Digital Payments, a permissioned network operated by JPMorgan and Ondo Chain’s testnet, which is focused on real-world asset (RWA) tokenization, Chainlink said in a Thursday announcement.

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In the first half of 2025, the RWA market surged more than 260%, surpassing $23 billion in total valuation.

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