ChainCatcher information, in response to Cointelegraph, Chainlink, JPMorgan’s Kinexys, and Ondo Finance have accomplished a “first-of-its-kind” cross-chain payment supply (DvP) settlement take a look at, attaining asset trade between a permissioned payment community and a public take a look at community.
Chainlink said that this take a look at concerned the permissioned community Kinexys Digital Funds operated by JPMorgan and the Ondo Chain testnet targeted on the tokenization of real-world property (RWA).
The settlement was coordinated by Chainlink’s Runtime Setting (CRE). CRE is an off-chain computing layer designed to help cross-chain interoperability in monetary programs. On this transaction, the core asset is Ondo’s tokenized U.S. Treasury fund OUSG, which is exchanged for payment via the Kinexys platform.
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