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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
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JPMorgan completes its first tokenized government bond public transaction
According to Gate.io News bot, JPMorgan completed the first public transaction of tokenized U.S. Treasury bonds through the Ondo public ledger system, as reported by Fortune. This transaction marks an important step for traditional financial institutions in the application of blockchain technology.
J.P. Morgan has chosen Ondo Finance's public Blockchain as the trading platform to realize the tokenization trading process of treasury assets. This is the bank's first time engaging in such innovative financial transactions in the public market.