Ondo Chain Debuts Cross-Chain Settlement with JP Morgan's Kinexys
Ondo Chain Debuts Cross-Chain Settlement with JP Morgan's Kinexys
馃 TradFi Meets DeFi
Ondo Chain, a new EVM L1 blockchain, has achieved a significant milestone in connecting traditional and decentralized finance.
Key developments:
- First cross-chain atomic Delivery vs Payment settlement of tokenized assets completed on testnet
- Integration between JP Morgan's Kinexys Digital Payments blockchain and a public L1 network
- Powered by Chainlink's Runtime Environment
The platform aims to serve as an institutional-grade hub for real-world assets, joining a wave of enterprise EVM initiatives from Circle, Stripe, DTCC, and J.P. Morgan.
Learn more: Ondo Chain Introduction
It鈥檚 been a landmark year for enterprise EVMs. Announced at the start of this year, Ondo Chain is an EVM L1 purpose-built to connect permissioned and permissionless networks, designed from day one as an institutional-grade, omnichain hub for real-world assets. The recent wave
RWA.xyz Joins Global Markets Alliance to Advance Tokenized Asset Standards
RWA.xyz, a leading analytics platform for tokenized real-world assets, has joined the Global Markets Alliance. The platform specializes in tracking growth and infrastructure in the tokenized asset sector. This addition follows recent memberships of notable organizations: - Morpho Labs (DeFi lending protocol) - Gauntlet (vault curator) - Drift Protocol (Solana-based perp DEX) - Loopscale Labs (orderbook lending) - LCX (regulated exchange) The Alliance has grown to over 25 members, all working to establish standards for onchain movement of tokenized securities including stocks and ETFs. *The coalition continues to expand its expertise across analytics, trading, and infrastructure providers.*
Ondo Finance to Present at NextFin Summit During Ethereum NYC
Matt Blumberg, Head of DeFi at Ondo Finance, will present at the NextFin Summit during Ethereum NYC on Real World Assets and Retail Users. The presentation explores how **tokenization** and **DeFi infrastructure** create new global opportunities. The one-day summit features: - Financial institutions - Regulators - Crypto innovators - Leading projects including Ethereum Foundation, Wormhole, Kraken, and Optimism Event Details: - Date: August 12, 2025 - Time: 1:55 PM - 2:20 PM ET - Location: NextFin Summit, Ethereum NYC - [Event Registration](https://lu.ma/ozlqxrph)
Traditional Finance Moving Onchain: A Market Evolution
Major financial institutions are beginning to integrate blockchain technology into their core operations. This shift represents a significant evolution in how traditional markets operate. Key developments: - Large companies exploring blockchain integration for market operations - Traditional finance infrastructure being upgraded for digital asset compatibility - Improved market access mechanisms being developed This transition indicates a measured but meaningful change in how financial markets will function. The move suggests a gradual evolution rather than a sudden revolution in market structure. *Note: These changes are expected to roll out over several years as infrastructure and regulations develop.*
Ondo Finance GC to Join SEC Commissioner for Regulatory Discussion
Mark Janoff, General Counsel at Ondo Finance, will engage in a one-on-one conversation with SEC Commissioner Hester Peirce at CoinDesk's upcoming Policy & Regulation event. The discussion will focus on the evolving regulatory landscape for cryptocurrencies, building on Ondo's previous engagement with the SEC Crypto Task Force in April 2025. **Event Details:** - Date: Wednesday, September 10th - Time: 9:15 AM EDT - Location: Washington D.C. - Format: 1:1 conversation The event brings together public officials and industry leaders in legal, policy, and compliance roles to shape the future of crypto regulation.