Chainlink and Partners Successfully Complete Cross-Chain DvP Test Transaction

According to Odaily, Chainlink, Kinexys, a blockchain business under JPMorgan, and Ondo Finance, a platform for tokenizing real-world assets, have announced the successful completion of a cross-chain Delivery versus Payment (DvP) test transaction. In this transaction, the Kinexys digital payment network provided a permissioned blockchain network for account deposits used in payment settlements. Ondo's blockchain offered a next-generation Layer 1 blockchain designed to expand the tokenization of real-world assets, along with its flagship product, the tokenized U.S. Treasury Fund (OUSG). The DvP solution coordinated asset and payment movements, with end-to-end support provided by the Chainlink Runtime Environment (CRE).