Really excited about Chainlink being used to connect JP Morgan's private chain together with Ondo's public chain for Delivery vs Payment of Ondo's tokenized treasuries product in exchange for cash payment on the JP Morgan Kinexys chain. This is using the Chainlink Runtime Environment (CRE), which allowed this connection to happen quickly, securely and in a way that met the compliance needs of large institutions. Looking forward to moving this forward and enabling even more collaboration between large capital market institutions with great solutions like Kinexys Payments and leading public chain/DeFi team's like Ondo.
Chainlink
Chainlink14.5.2025
We're excited to announce the successful completion of a cross-chain Delivery versus Payment (DvP) transaction in collaboration with Kinexys by J.P. Morgan (@jpmorgan) and @OndoFinance. This milestone marks the first-of-its-kind cross-chain, atomic settlement of a tokenized asset between Kinexys Digital Payments’ permissioned blockchain network and a layer-1 blockchain network. Powered end-to-end by the Chainlink Runtime Environment (CRE), the transaction involved the exchange of Ondo Chain’s Short-Term U.S. Government Treasuries Fund (OUSG) as the asset leg with Kinexys Digital Payments’ network serving as the payment leg. Since inception, the Kinexys platform has exceeded $1.5 trillion in notional value, processing an average of more than $2 billion daily in transaction volume. Payments transactions have grown by 10x year-over-year. 🧵⬇️
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