JPMorgan settled the token based US treasury bond bond transaction through the public blockchain for the first time

According to Fortune, JPMorgan Chase completed the settlement transaction of token US treasury bond bonds for the first time through the public blockchain on May 14, marking an important step from the "walled garden" private chain to the open blockchain ecosystem. This transaction is provided by Ondo Finance with a token based treasury bond bond product and realized through the oracle service provided by Chainlink. Previously, JPMorgan Chase's digital asset operations were mostly conducted on its private chain Onyx, and this transaction demonstrates its strategic shift towards more open financial infrastructure.