INSUBCONTINENT EXCLUSIVE:
permissioned payment network and a public testnet.The test involved Kinexys Digital Payments, a permissioned network operated by JPMorgan
move comes as TradFi and decentralized finance (DeFi) increasingly converge
With over $23 billion in tokenized RWAs now live on public blockchains, the need for crosschain settlements grows.Related: Peaq and UAE bet
on tokenized machines to power future economyHow was the settlement executed?The recent DvP test involved the exchange of OUSG and a
simultaneous fiat payment through Kinexys Digital Payments.CRE orchestrated the workflow, verified escrow events on Ondo Chain, initiated
payment instructions via Kinexys and coordinated the final settlement
Notably, only transaction instructions crossed between networks.Crosschain atomic DvP settlement between Kinexys and Ondo Chain, powered by
the Chainlink Runtime Environment
varying complexity, including single-chain and multichain DvP transactions, enabling complex financial activity with reduced counterparty
260%In the first half of 2025, the RWA market surged more than 260%, surpassing $23 billion in total valuation
led the RWA market boom, accounting for about 58% of the market share, followed by tokenized US Treasury debt, which accounted for 34%.New
players also continue to enter the market
On June 5, Pan-European fund manager APS purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential
properties listed on MetaWealth.Magazine: Older investors are risking everything for a crypto-funded retirement
