摩根大通通过在公共区块链上解决其第一个令牌交易，为Tradfi-defi合并设定了舞台

传统金融（TradFI）与分散财务（DEFI）之间的合并逐步变得有形。多年来，这种婚姻似乎是一个遥远的希望。

The merger between traditional finance (TradFi) and decentralized finance (DeFi) is becoming tangible, step by step. For years, this marriage seemed like a distant promise. However, JPMorgan has just made a major first step by settling its first tokenized transaction on a public blockchain.

传统金融（TradFI）与分散财务（DEFI）之间的合并逐步变得有形。多年来，这种婚姻似乎是一个遥远的希望。但是，摩根大通刚刚在公共区块链上解决了其第一次令牌交易，刚刚迈出了重要的第一步。

This advance highlights the rise of blockchain in the institutional world and envisions a future where crypto and classic finance coexist.

这一进步凸显了机构世界中区块链的兴起，并设想了一个未来的加密货币和经典金融并存。

First Public Crypto Transaction: JPMorgan Steps Out of the Private Garden

第一次公共加密交易：摩根大通走出私人花园

JPMorgan, a global finance giant, announced an important milestone: the successful completion of a transaction involving tokenized US Treasury bonds. This operation took place on the Ondo Finance platform, a public blockchain, thanks to the interoperability ensured by Chainlink.

全球金融巨头摩根大通宣布了一个重要的里程碑：成功完成了涉及令牌美国财政债券的交易。这项操作发生在公共区块链的Ondo Finance平台上，这要归功于Chainlink的互操作性。

Colin Cunningham, head of tokenization at Chainlink Labs, explains: “This is the first time a major global bank has connected its payment system to a public blockchain.”

Chainlink Labs的代币化负责人Colin Cunningham解释说：“这是全球大银行首次将其支付系统与公共区块链联系起来。”

He adds that this milestone marks the future of financial transactions, where real assets will freely circulate between private and public chains.

他补充说，这个里程碑标志着金融交易的未来，在私人和公共连锁店之间，真正的资产将自由流通。

This transaction is powered by Kinexys, JPMorgan’s DeFi platform. It aims to bridge the gap between the two worlds, enabling near-instant settlements and cost reductions. The Kinexys project already manages about $2 billion in daily volumes and $1.5 trillion in underlying assets.

此交易由摩根大通（JPMorgan）的Defi平台Kinexys提供动力。它旨在弥合两个世界之间的鸿沟，实现近乎固有的定居点并降低成本。 Kinexys项目已经管理了约20亿美元的每日量和1.5万亿美元的基础资产。

This achievement confirms the growing ability of traditional finance to incorporate crypto innovations.

这项成就证实了传统金融纳入加密创新的能力。

Technology and Achievements: Chainlink and Ondo at the Heart of the Experience

技术和成就：链条和ondo是体验的核心

The experience conducted with Ondo Federal and Chainlink perfectly illustrates the strengths of hybrid technologies. Chainlink acts as a bridge, ensuring secure communication between JPMorgan’s private blockchain and Ondo’s public blockchain. This interoperability eliminates the usual frictions encountered in crypto transactions across different networks.

通过Ondo Federal和Chainlink进行的经验完美地说明了混合技术的优势。 ChainLink充当桥梁，确保摩根大通的私人区块链和Ondo的公共区块链之间的安全通信。这种互操作性消除了在加密交易中遇到的通常的摩擦。

Nathan Allman, CEO of Ondo Federal, emphasizes: “The inaugural transaction is not just a major milestone, it is a statement about the future of finance.”

Ondo Federal首席执行官内森·奥尔曼（Nathan Allman）强调：“就职交易不仅是一个主要的里程碑，而且是关于财务未来的声明。”

Ondo Federal facilitates the tokenization of traditional assets, such as Treasury bonds, in a decentralized environment. The OUSG token, used in this transaction, is a tokenized money market fund. These innovations enable institutions to operate within open ecosystems, where liquidity and transparency are enhanced.

Ondo Federal促进了在分散环境中的传统资产的令牌化，例如国库券。该交易中使用的OUSG令牌是一个令牌化的货币市场基金。这些创新使机构能够在开放的生态系统中运作，在开放的生态系统中，流动性和透明度得到了提高。

JPMorgan has been experimenting with blockchain since 2019 with JPM Coin, renamed Kinexys. This project is evolving towards a solution capable of settling transactions 24/7, reducing costs and accelerating cross-border payments. The recent public transaction marks a new step in this roadmap, signaling broader adoption among the institutional crypto community.

自2019年以来，摩根大通（JPMorgan）一直在使用JPM硬币（重命名为Kinexys）尝试区块链。该项目正在朝着能够解决交易的解决方案24/7，降低成本并加速跨境支付。最近的公共交易标志着该路线图的新一步，标志着在机构加密社区中采用更广泛的采用。

Key Figures and Challenges of Institutional Crypto Transactions

机构加密交易的关键数字和挑战

The scope of this project is as much financial as technological. The tokenization of real assets is gaining ground, with over $12 billion in value locked on more than 80 DeFi platforms, according to DeFi Llama. BlackRock ranks among the largest investors, with nearly $3 billion in tokenized cash funds.

该项目的范围与技术一样多。根据Defi Llama的说法，实际资产的令牌化已获得基础，锁定在80多个Defi平台上的价值超过120亿美元。贝莱德（BlackRock）是最大的投资者之一，拥有将近30亿美元的令牌现金资金。

JPMorgan’s transaction fits into a rapidly growing market, especially among traditional players eager to enter the crypto community. Here are the notable figures:

摩根大通的交易适合一个快速增长的市场，尤其是在渴望进入加密社区的传统参与者中。这是值得注意的数字：

These figures emphasize the scale of the revolution. JPMorgan takes a major step by directly connecting its payment system to public blockchains. This advance lays the groundwork for a future where crypto transactions will be at the heart of global financial flows.

这些数字强调了革命的规模。摩根大通直接将其支付系统与公共区块链连接起来迈出了重要一步。这一进步为未来的基础奠定了基础，即加密交易将成为全球金融流量的核心。

Blockchain now finds its place in multiple sectors: finance, healthcare, aviation… However, it still struggles to convince some tech giants like Nvidia. These companies remain cautious, sometimes slowing the growth of a disruptive technology. Nevertheless, the entry of banks like JPMorgan into the crypto ecosystem shows that blockchain is gradually becoming a cornerstone of the economy of tomorrow.

区块链现在在多个领域找到了自己的位置：金融，医疗保健，航空……但是，它仍然在努力说服一些像Nvidia这样的科技巨头。这些公司保持谨慎，有时会减慢破坏性技术的增长。尽管如此，摩根大通等银行进入加密生态系统的进入表明，区块链逐渐成为明天经济的基石。