UncleSOL
867 posts





Ondo, Kinexys by @jpmorgan, @Mastercard, & @Ripple successfully completed a landmark pilot transaction connecting the XRP ledger with interbank settlement rails. This milestone marks the first time tokenized U.S. Treasuries have settled across borders and banks in near real time and outside traditional banking windows. 1. Ondo processed Ripple’s OUSG redemption on XRP Ledger 2. Mastercard's Multi-Token Network routed instructions to Kinexys by J.P. Morgan 3. J.P. Morgan delivered USD to Ripple's Singapore bank account Tokenized assets are no longer separate from the global financial system. For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real time. Together, we’re laying the groundwork for 24/7 global markets that never close.

We appreciate @Forbes for covering the work our team is doing alongside @CantonNetwork. There’s a disconnect between the attention blockchain is getting and the amount of real business using on-chain workflows. Most institutions exploring blockchain don’t need more infrastructure. They need a team that can take them from concept to production. Kresus works with customers on @CantonNetwork as a preferred implementation and wallet partner, designing and deploying applications powered by our wallet, tokenization, key management, and middleware stack. Already working with global financial institutions, including Hanwha Investment & Securities. If the next phase of blockchain is about real adoption, it will be driven by teams that can actually build. Read below👇 forbes.com/sites/boazsobr…









