Summary
- JP Morgan announced that it has executed its first government bond trade using the Ondo Finance blockchain.
- The news of Ondo Finance's tokenized US Treasury trade has elicited a positive response in the market.
- Ondo Finance's price has risen, drawing investor attention following this announcement.
JP Morgan has reportedly executed its first government bond trade using the Real World Asset (RWA) project Ondo Finance (ONDO) blockchain.
According to Unfolded on the 14th (local time), JP Morgan successfully conducted the first 'tokenized US Treasury public trade' using the Ondo Finance blockchain.
Following this news, Ondo Finance also surged. As of 10:21 PM, Ondo Finance is trading at $1.0944 on the Binance USDT market, up 6% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
