Chainlink, JPMorgan Chase, and Ondo Finance Complete Cross-Chain Funds Settlement Trial

Odaily News Chainlink, JPMorgan’s Kinexys, and Ondo Finance have completed a cross-chain delivery-versus-payment (DvP) settlement test, enabling asset swaps between a licensed payment network and a public test network. The test involved Kinexys Digital Payments, a licensed network operated by JPMorgan, and the Ondo Chain testnet, which focuses on tokenizing real-world assets (RWA). CRE is an off-chain computing layer designed to support cross-chain interoperability in the financial system. In this transaction, the core asset was Ondo’s tokenized U.S. Treasury bond fund OUSG, which was exchanged for payments through the Kinexys platform. (Cointelegraph)