Business

J.P. Morgan's Blockchain Move

Updated 2026-05-06 13:35 UTC 1 source Positive

J.P. Morgan’s Kinexys unit completed the first near-real-time cross-border and cross-bank redemption of a tokenized U.S. Treasury fund, signaling progress in financial innovation.

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MarketWatch

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.

2026-05-06 13:27 UTC