JPMorgan, Mastercard, Ripple and Ondo completed a cross-border tokenized 
Treasury redemption using XRPL and bank settlement rails in a test.

JPMorgan, Mastercard and Ripple test tokenized Treasury settlement on XRPL

Ondo Finance has successfully piloted the first near-real-time, cross-border 
redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and 
Mastercard’s Multi-Token Network to bridge public blockchain and traditional 
banking. Integration of Public and Private Infrastructure Ondo Finance, a 
leader in the tokenized asset space, announced May 6 the successful completion 
of the first […]

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JPMorgan, Mastercard and Ripple test tokenized Treasury settlement on XRPL

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