This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: J.P. Morgan’s Kinexys Checks Cross-Chain Atomic Settlement of RWA Transactions – “The Defiant”
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
NFTs

J.P. Morgan’s Kinexys Checks Cross-Chain Atomic Settlement of RWA Transactions – “The Defiant”

Editorial Board
Editorial Board Published June 12, 2025
Share
J.P. Morgan’s Kinexys Checks Cross-Chain Atomic Settlement of RWA Transactions – “The Defiant”
SHARE

J.P. Morgan’s Kinexys Checks Cross-Chain Atomic Settlement of RWA Transactions – “The Defiant”

Kinexys despatched tokenized U.S. Treasuries to Ondo Chain’s testnet whereas concurrently receiving cost, leveraging Chainlink’s know-how.

Kinexys by J.P. Morgan, Ondo Finance and Chainlink have efficiently transferred real-world belongings (RWA) throughout blockchains whereas concurrently making funds.

In what’s often known as a Supply vs. Fee (DvP) transaction, Ondo despatched Brief-Time period U.S. Treasuries from its OUSG fund to Kinexys by way of the Chainlink Runtime Setting (CRE) for an atomic, or simultaneous, transaction.

J.P. Morgan rebranded its Onyx personal blockchain Kinexys by J.P. Morgan in November.

DvP transactions are a standard finance (TradFi) technique of cost, designed to make sure that cost is made both earlier than or concurrently with the supply of an asset.

Whereas DvP is meant to scale back settlement threat, in observe, “workflows are hindered by siloed infrastructure and manual processes,” Chainlink mentioned in a weblog submit. This introduces delays, will increase counterparty threat and causes settlement failures which can be estimated to have value market members greater than $914 billion over the previous decade.

Blockchain know-how presents a chance to streamline this course of, permitting transactions to be settled atomically, in accordance with Chainlink. The advantages embrace simultaneous cross-chain settlement, automated and verifiable workflows, close to real-time finality, clear audit trails and decreased middleman prices.

The transaction between the Ondo testnet and Kinexys Digital Funds (KDP), a permissioned community of blockchain deposit accounts for cost settlement, occurred within the Chainlink Runtime Setting (CRE), an off-chain layer that orchestrates exercise between public or personal blockchains and present TradFi programs. It was the primary use of Kinexys on a public blockchain.

“CRE is highly configurable and can be used to settle different types of DvP transactions of varying complexity, including single-chain and multi-chain DvP transactions,” Chainlink mentioned.

CRE executed the transaction by watching the OUSG Treasuries locked into a sensible contract on Ondo Chain after which reaching an offchain consensus that they have been, actually, in escrow. It then instructed Kinexys, which authenticated the message and initiated cost. That happy the escrow necessities and launched the OUSG.

TAGGED:AtomicCrossChainDefiantJ.PKinexysMorgansRWAsettlementtestsTransactions
Share This Article
Twitter Email Copy Link Print
Previous Article Britney Spears is Spiraling Out of Management, Report Alleges Britney Spears is Spiraling Out of Management, Report Alleges
Next Article OpenAI and Microsoft are teaming up with Harvard’s libraries to coach AI fashions on 600-year-old books OpenAI and Microsoft are teaming up with Harvard’s libraries to coach AI fashions on 600-year-old books

Editor's Pick

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

We might obtain a portion of gross sales if you buy a product by a hyperlink on this article. Most…

By Editorial Board 8 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

“A Family’s Fight to Reclaim Their Legacy”

“A Family’s Fight to Reclaim Their Legacy”

Introduction: For generations, the Wright family has worked and lived…

July 9, 2025

AR Global Inc CEO Kason Roberts Donates to Support Kerrville Storm Victims, Mobilizes Team for Restoration Efforts

Kerrville, Texas — In the aftermath…

July 9, 2025

Bitcoin Tops $109,000 After Senate Passes Trump’s ‘Big Beautiful Bill’ – “The Defiant”

The crypto market posted modest good…

July 9, 2025

Two vital hazard alerts within the June employment report – Indignant Bear

Two vital hazard alerts within the…

July 9, 2025

Simone Biles Thirst Traps in Bikini Amidst Boob Job Hypothesis

Studying Time: 3 minutes Simone Biles…

July 9, 2025

You Might Also Like

Solana Underperforms Ethereum as SOL ETF Commences Buying and selling – “The Defiant”
NFTs

Solana Underperforms Ethereum as SOL ETF Commences Buying and selling – “The Defiant”

The REX Shares ETF went dwell right now and garnered $8 million in quantity inside the first 20 minutes, however…

2 Min Read
Belgium’s KBC Financial institution With 0 Billion Property to Launch Bitcoin and Ether Buying and selling on Bolero Platform Pending Autumn 2025 Approval – “The Defiant”
NFTs

Belgium’s KBC Financial institution With $300 Billion Property to Launch Bitcoin and Ether Buying and selling on Bolero Platform Pending Autumn 2025 Approval – “The Defiant”

Belgium’s KBC Financial institution, the nation’s second-largest banking establishment with roughly 4 million customers and $300 billion in property, plans…

1 Min Read
Tom Lee Predicts Goldman Sachs, JPMorgan Will Purchase Ethereum to Help Stablecoin Operations – “The Defiant”
NFTs

Tom Lee Predicts Goldman Sachs, JPMorgan Will Purchase Ethereum to Help Stablecoin Operations – “The Defiant”

Tom Lee, a widely known market strategist, has forecasted that main banks comparable to Goldman Sachs and JPMorgan are prone…

1 Min Read
Dubai Regulator Approves First Tokenized Cash Market Fund – “The Defiant”
NFTs

Dubai Regulator Approves First Tokenized Cash Market Fund – “The Defiant”

The Dubai Monetary Providers Authority has granted regulatory approval for the QCD Cash Market Fund, the primary tokenised money-market automobile…

1 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?