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Chainlink, JPMorgan’s Kinexys, and Ondo Complete First Cross-Chain DvP Settlement

  • Chainlink, Kinexys by JPMorgan, and Ondo Finance completed the first cross-chain DvP settlement.
  • The transaction was facilitated by Chainlink's CRE, integrating traditional and decentralized finance.
  • OUSG, tokenized US Treasuries fund issued by Ondo, was involved in the DvP transaction.
  • Chainlink's solution ensured secure atomic asset and payment transfers, reducing risks.
  • Chainlink's CRE managed the DvP workflow across different blockchains and finance systems.
  • CRE provides automated and verifiable workflows with reduced settlement risk for financial institutions.
  • Tokenized RWA market exceeded $23 billion in 2025, led by US Treasury debt and private credit.
  • OUSG fund by Ondo holds over $692 million TVL across multiple networks.
  • Chainlink's partnership with Kinexys offers a scalable model for future cross-chain settlements.

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