Chainlink Powers Crosschain Settlement With JPMorgan and Ondo as RWA Market Surges

Article

Description

Chainlink has passed a milestone collaboration with Kinexys and Ondo Finance at JPMorgan, making the first-ever crosschain delivery-versus-payment (DvP) settlement between a privately operated payments network and a public blockchain. The transaction involved tokenized U.S. Treasurys and marks a significant step forward in decentralized financial infrastructure.

Authors

Brenda Kanana

Publish date

June 12, 2025

Web URL

https://blockchainreporter.net/chainlink-settlement-with-jpmorgan

Referenced by

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

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News story

This settlement utilized the Chainlink Cross-Chain Interoperability Protocol (CCIP) and was coordinated via the Chainlink Runtime Environment (CRE), an off-chain compute layer built to enable modular, secure interoperability. CRE handled the process by checking escrow conditions on Ondo Chain, initiating payment instructions via Kinexys Digital Payments and final settlement confirmation.

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CRE handled the process by checking escrow conditions on Ondo Chain, initiating payment instructions via Kinexys Digital Payments and final settlement confirmation

Crypto news

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