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Chainlink’s Runtime Environment (CRE) enabled settlement of Ondo Finance’s tokenized U.S. Treasuries (OUSG) for fiat by verifying escrow conditions on the Ondo Chain testnet and triggering payment through JPMorgan’s Kinexys network
JPMorgan’s Kinexys and Ondo Finance completed a crosschain delivery versus payment (DvP) test, marking the first such settlement between a permissioned and public blockchain
JPMorgan’s test of cross-chain DvP settlement used Chainlink’s Runtime Environment to exchange tokenized U.S. Treasurys for fiat between Kinexys and the Ondo Chain testnet
Kinexys’ first public blockchain transaction success demonstrates its potential to enable regulated institutions to conduct secure crosschain settlements

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

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