Colin Cunningham, head of tokenization at Chainlink Labs, noted that JPMorgan Chase’s tokenized U.S. Treasuries transaction through Ondo Finance represents a significant milestone, as it is the first time a major global bank has connected its core payment systems to a public blockchain.

Claim

Quotes that support claims

Colin Cunningham, head of tokenization at Chainlink Labs noted that JPMorgan's transaction marked "the first time a major global bank has connected its core payment systems to a public blockchain."