JPMorgan Tokenizes U.S. Treasuries on $ONDO via Ondo Finance
The post JPMorgan Tokenizes U.S. Treasuries on $ONDO via Ondo Finance appeared on BitcoinEthereumNews.com. JPMorgan used Ondo Finance to execute its first public blockchain trade involving U.S. Treasury bonds on the $ONDO ledger. Over $1 billion in Treasury tokens is now live across Ethereum, Polygon, Avalanche, Stellar, and $ONDO networks. The SEC is reviewing frameworks and exemptions to support legally compliant issuance of tokenized government securities. JPMorgan Chase has executed its first public transaction involving tokenized U.S. Treasury bonds on the $ONDO public ledger. The trade was facilitated by Ondo Finance and involved short-term Treasuries backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). These assets allow 24/7 blockchain-based settlement while adhering to institutional custody and regulatory standards. The transaction was processed via JPMorgan’s Onyx Digital Assets platform, which the bank launched in 2020. Onyx has previously been used for intraday repo settlements and transactions involving JPM Coin. Stablecoin Holders Target Treasury Tokens Ondo Finance CEO Nathan Allman said the product targets entities that hold stablecoins—such as DAOs, Web3 firms, and crypto-native funds—that need reliable, low-risk instruments on-chain. By tokenizing Treasuries, these groups can deploy capital with predictable returns without converting into fiat or interacting with traditional banking infrastructure. This setup supports automated liquidity management, allowing protocols to rebalance reserves or execute yield strategies directly through smart contracts. Public Chains Host $1B in Treasury Tokens Over $1 billion worth of U.S. Treasuries has now been tokenized across public blockchains like Ethereum, Polygon, and Avalanche. These are part of a broader $22.1 billion market for real-world assets (RWAs) being brought on-chain. Meanwhile, Franklin Templeton has issued tokenized Treasury funds on Stellar and Polygon. WisdomTree uses its digital platform, WisdomTree Prime, to offer tokenized exposures to U.S. government securities. JPMorgan selected the $ONDO ledger for its settlement speed, fee predictability, and regulatory focus. Unlike general-purpose chains, $ONDO supports financial transactions with low latency and customizable compliance…
The post JPMorgan Tokenizes U.S. Treasuries on $ONDO via Ondo Finance appeared on BitcoinEthereumNews.com.
JPMorgan used Ondo Finance to execute its first public blockchain trade involving U.S. Treasury bonds on the $ONDO ledger. Over $1 billion in Treasury tokens is now live across Ethereum, Polygon, Avalanche, Stellar, and $ONDO networks. The SEC is reviewing frameworks and exemptions to support legally compliant issuance of tokenized government securities. JPMorgan Chase has executed its first public transaction involving tokenized U.S. Treasury bonds on the $ONDO public ledger. The trade was facilitated by Ondo Finance and involved short-term Treasuries backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). These assets allow 24/7 blockchain-based settlement while adhering to institutional custody and regulatory standards. The transaction was processed via JPMorgan’s Onyx Digital Assets platform, which the bank launched in 2020. Onyx has previously been used for intraday repo settlements and transactions involving JPM Coin. Stablecoin Holders Target Treasury Tokens Ondo Finance CEO Nathan Allman said the product targets entities that hold stablecoins—such as DAOs, Web3 firms, and crypto-native funds—that need reliable, low-risk instruments on-chain. By tokenizing Treasuries, these groups can deploy capital with predictable returns without converting into fiat or interacting with traditional banking infrastructure. This setup supports automated liquidity management, allowing protocols to rebalance reserves or execute yield strategies directly through smart contracts. Public Chains Host $1B in Treasury Tokens Over $1 billion worth of U.S. Treasuries has now been tokenized across public blockchains like Ethereum, Polygon, and Avalanche. These are part of a broader $22.1 billion market for real-world assets (RWAs) being brought on-chain. Meanwhile, Franklin Templeton has issued tokenized Treasury funds on Stellar and Polygon. WisdomTree uses its digital platform, WisdomTree Prime, to offer tokenized exposures to U.S. government securities. JPMorgan selected the $ONDO ledger for its settlement speed, fee predictability, and regulatory focus. Unlike general-purpose chains, $ONDO supports financial transactions with low latency and customizable compliance…
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