MarketWatch
US · 1 hrs ago
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Tokenization is coming to Wall Street as J.P. Morgan takes another step toward making Treasurys move like crypto
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J.P. Morgan's blockchain unit Kinexys, working with Mastercard, Ripple, and Ondo Finance, has completed a near-real-time cross-border redemption of a tokenized U.S. Treasury fund, representing progress toward blockchain integration in traditional finance.
Tokenization is coming to Wall Street as J.P. Morgan takes another step toward making Treasurys move like crypto
J.P. Morgan’s blockchain unit, Kinexys, in collaboration with Mastercard, Ripple and Ondo Finance, said it has completed the first near-real-time, cross-border and cross-bank redemption of a tokenized U.S. Treasury fund.
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