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

MarketWatch · May 6, 2026, 1:27 PM · Also reported by 1 other source

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.

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

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