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JPMorgan Chase has executed its first public transaction involving tokenized U.S. Treasury bonds on the $ONDO public ledger. The trade was facilitated by Ondo Finance and involved short-term Treasuries backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). These assets allow 24/7 blockchain-based settlement while adhering to institutional custody and regulatory standards. The transaction was processed via JPMorgan’s Onyx Digital Assets platform, which the bank launched in 2020. Onyx has previously been used for intraday repo settlements and transactions involving JPM Coin. Ondo Finance CEO Nathan Allman said the product targets entities that hold stablecoins—such as DAOs, Web3 firms, and crypto-native funds—that need reliable, low-risk instruments on-chain. By tokenizing Treasuries, these groups can deploy capital with predictable returns without converting into fiat or interacting with traditional banking infrastructure. This setup supports automated liquidity management, allowing protocols to rebalance reserves or execute yield strategies directly through smart contracts. Over $1 billion worth of U.S. Treasuries has now been tokenized across public blockchains like Ethereum, Polygon, and Avalanche. These are part of a broader $22.1 billion market for real-world assets (RWAs) being brought on-chain. Meanwhile, Franklin Templeton has issued tokenized Treasury funds on Stellar and Polygon. WisdomTree uses its digital platform, WisdomTree Prime, to offer tokenized exposures to U.S. government securities. JPMorgan selected the $ONDO ledger for its settlement speed, fee predictability, and regulatory focus. Unlike general-purpose chains, $ONDO supports financial transactions with low latency and customizable compliance logic, making it suitable for tokenized fixed-income products. It also allows integration with smart contracts for automated processing. In April 2025, Ondo Finance and its legal counsel met with the SEC’s Crypto Task Force to present tokenization models that meet existing legal frameworks. Discussions included registration processes, broker-dealer compliance, and anti-money laundering standards. At the same time, the SEC proposed exemptions to encourage the use of distributed ledger technology in securities markets. These proposals aim to create regulatory clarity for blockchain-based asset issuance and trading. This transaction reflects a broader trend: large financial institutions are no longer limiting blockchain use to internal pilots. Instead, they are executing public trades involving regulated instruments and audited funds. By working with platforms like Ondo, banks such as JPMorgan are aligning blockchain infrastructure with compliance requirements and operational needs. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

According to recent Bitwise data, public companies acquired more Bitcoin in 2025 than the estimated new supply. André Dragosch, European Head of Research at Bitwise, reported that public firms purchased 196,207 BTC in 2025, over three times the year’s new supply of 60,044 BTC. This aggressive buying trend exceeds the projected full-year Bitcoin issuance of 164,250 BTC. Such consistent buying by companies is causing demand for Bitcoin to increase. ETFs also play a role, as they have added more than 59,000 BTC in 2025, boosting their total holdings beyond $6.15 billion. As a result, institutional and corporate buyers are accumulating more Bitcoin than miners can produce, leading to the possibility of a shortage. In May 2025, many players entered the market with major deals. Strategy acquired over 15,000 BTC, Twenty One Capital added 4,800+ BTC, and Metaplanet purchased 1,241 BTC. This suggests that many firms are increasingly adding Bitcoin to their company reserves. Related: Inside Michael Saylor’s $40B Bitcoin Bet: Genius Move or Financial Time Bomb? Strategy is consistently increasing its holdings and influence. From the start of 2025 until May 15, the company purchased over 120,000 BTC, raising its total holdings to 568,840 BTC, valued at $58.3 billion. Strategy now stands as the second-largest Bitcoin holder globally, just behind BlackRock’s iShares Bitcoin Trust ETF, which controls 625,054 BTC worth $64.08 billion. Data from Bitcointreasuries.net reveals that 197 entities, including public and private companies, ETFs, governments, smart contracts, and custodians, hold approximately 3.32 million BTC, representing over 16% of Bitcoin’s total circulating supply. ETFs and investment funds lead with 1.343 million BTC, followed by public companies holding 786,857 BTC. Governments hold 527,737 BTC, while private companies collectively own 286,297 BTC. DeFi and smart contracts control 221,056 BTC, and exchanges and custodians hold 155,851 BTC. Bitcoin is gaining traction, and more companies are adopting it. In 2024, the majority of Bitcoin was kept by a few firms, most notably Strategy and Metaplanet. Currently, more than 70 public companies include Bitcoin on their balance sheets. Strategy CEO Phong Le expects that number to rise sharply, projecting that as many as 700 public companies could hold Bitcoin by next year. Michael Saylor, Executive Chairman of Strategy, noted at the recent Strategy World 2025 event that Bitcoin treasury companies are becoming “exponentially more powerful.” He projects that annual growth in Bitcoin adoption among companies could reach 30–60% in the coming years, supporting a long-term trend of corporate accumulation. The progress made by the U.S. government in digital asset frameworks and stablecoin bills has been viewed as supportive for institutions that invest in Bitcoin. With Bitcoin gaining popularity among businesses, experts predict the influence of supply and demand will continue to rise throughout 2025. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

A Chinese logistics giant is eyeing $800M in crypto, naming only $TRUMP altcoin. 🤯 Smart tariff hedge or wild bet? This meme coin just turned geopolitical.

Now that the developer has doxxed himself, adding more $COR | @cortensor here seems like a smart move. We won’t be seeing these levels for much longer. As more people are realizing the potential of the Dezentralized AI Network that @CryptoRyuma (DEV) is building. 230 active nodes have been running in the last 24 hours, just imagine when this number hits +1000.

Hyperliquid launches NXPC smart contract trading