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Tokenization is coming to Wall Street as J.P. Morgan takes another step toward making Treasurys move like crypto

By Market Watch May 06, 2026 Bullish
Tokenization is coming to Wall Street as J.P. Morgan takes another step toward making Treasurys move like crypto
J.P. Morgan's blockchain unit, Kinexys, in collaboration with Mastercard, Ripple and Ondo Finance, said it has completed the first near-real-time, cross-border and cross-bank redemption of a tokenized U.S. Treasury fund.
J.P. Morgan's blockchain unit, Kinexys, in collaboration with Mastercard, Ripple and Ondo Finance, said it has completed the first near-real-time, cross-border and cross-bank redemption of a tokenized U.S. Treasury fund.