Wall Street Giant JPMorgan Leans Into DeFi—Kinexys Links to Public Blockchain via Ondo’s Testnet Launch

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2025-05-14 14:14:55

JPMorgan’s Kinexys Connects With Public Blockchain on Ondo Chain Testnet Debut

JPMorgan’s blockchain arm Kinexys just took a cautious step toward crypto’s wild west—connecting to a public blockchain through Ondo Chain’s testnet debut. Because nothing says ’trustless finance’ like a trillion-dollar bank dipping its toes in.

The move signals growing institutional FOMO as TradFi scrambles to stay relevant. No more hiding behind permissioned ledgers—this testnet integration proves even Wall Street can’t ignore public chains forever.

Ondo’s EVM-compatible chain now serves as JPMorgan’s bridge between regulated and decentralized worlds. Watch for the usual dance: banks will ’explore innovations’ while maintaining enough control to strangle anything truly disruptive.

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