Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger
A key piece of financial infrastructure that combines tokenized assets with traditional banking was put to a true cross-border test this week. Ondo Finance said on Wednesday it had completed the first near-real-time cross-border redemption of a U.S. Treasury tokenized fund alongside JPMorgan Chase’s blockchain platform Kinexys, payments giant Mastercard and Ripple. The transaction, which…