Ondo Finance Partners with J.P. Morgan and Chainlink for Tokenized Treasuries
Ondo Finance Partners with J.P. Morgan and Chainlink for Tokenized Treasuries
🏦 Banks Meet DeFi
Ondo Finance has announced a significant integration with J.P. Morgan and Chainlink to bring traditional banking rails to tokenized Treasury products. The collaboration enables J.P. Morgan deposit holders to seamlessly access tokenized Treasuries through Ondo Chain.
Key developments:
- Integration of traditional bank payment systems with Ondo Chain
- Direct access for J.P. Morgan clients to tokenized Treasury products
- Expansion of tokenized Treasury accessibility beyond DeFi users
The tokenized Treasury sector saw 500% growth in 2024, establishing itself as a foundational layer for on-chain finance. These products combine stablecoin-like features with Treasury yields.
Learn more at Ondo Finance
Industry Leaders to Discuss Future of Tokenization at Permissionless Conference
Key industry figures will gather at the Permissionless conference to explore the future of global financial systems and tokenization. **Panel Participants:** - Nathan Allman (Ondo Finance CEO) - Christine Moy (Apollo Global) - David Schwartz (Ripple) - Joe Cutler (Perkins Coie LLP) - Ben Strack (Blockworks) The session, titled *Rebooting the Global Financial System*, will focus on how tokenization is transforming capital markets. Ondo Finance's Head of Ecosystem, Armand Khatri, will also be present for networking and discussions about tokenized assets.
Ondo Finance Expands from Stablecoins to Tokenized Securities
Ondo Finance CEO Nathan Allman outlines the company's vision to bring US equities, ETFs, and bonds on-chain through Ondo Global Markets. The platform aims to replicate stablecoins' success in making dollars globally accessible, but for traditional securities. Key developments: - OUSG (tokenized US Treasuries) has reached $690M TVL - Partnership with JPMorgan and Chainlink for bank payment integration - Launch of Global Markets Alliance with Trust Wallet, Bitget, Fireblocks The initiative comes amid growing institutional adoption of tokenized assets, with the US Treasury market seeing $4.7B growth (+544.8%) in 2024.
Institutional Adoption and Regulatory Clarity Signal Web3 Maturity
Key figures in the blockchain space indicate that institutional adoption and technological readiness have reached a critical point. Nathan Lallman of Ondo Finance and Chainlink's Sergey Nazarov emphasize that regulatory clarity is the final piece needed for widespread US adoption. Ondo's Ian De Bode highlighted on Nasdaq TradeTalks that major banks and asset managers are positioning themselves as regulatory clarity emerges. He noted: - Large institutions actively seeking blockchain infrastructure - Growing demand for onchain financial services - Ondo's expanding infrastructure network supporting institutional needs The convergence of institutional interest, technological maturity, and pending regulatory framework suggests a significant shift in the financial landscape.
Artemis Report Highlights Growth in Onchain Stablecoin Yields
A new Artemis report examines the evolution of onchain stablecoin yields and increasing institutional adoption, with Ondo Finance playing a key role. The analysis points to a clear trend of global markets transitioning to blockchain infrastructure. Key developments: - Growing adoption of tokenized treasuries - Expanding institutional participation - Launch of Ondo Global Markets and Ondo Chain upcoming Traditional finance players are expected to take greater notice as demand increases for tokenized securities.
U.S. Senate Passes GENIUS Act: First Comprehensive Stablecoin Legislation
The U.S. Senate has approved the GENIUS Act with bipartisan support, marking a watershed moment for digital asset regulation. This first comprehensive stablecoin legislation aims to establish clear regulatory frameworks for blockchain-based dollar alternatives. Key points: - First major stablecoin regulation in U.S. history - Strong bipartisan backing in Senate - Positions U.S. as innovation-friendly jurisdiction - Supports 24/7 permissionless access to USD The bill's passage signals U.S. commitment to fostering domestic digital innovation rather than pushing development offshore.