CoinDesk Podcast Network J.P. Morgan's On-Chain Leap | Markets Daily
Jun 3, 2025
Sergey Nazarov, Co-founder of Chainlink, shares insights from his pivotal role in the decentralized Oracle network. He dives into J.P. Morgan's groundbreaking move to open its private chain, highlighting its significance for crypto's institutional adoption. The conversation explores how this collaboration with Kinexys and Ondo Chain marks a revolutionary step in cash settlements on public blockchains. Nazarov also discusses the evolving regulatory landscape for digital assets and the future of tokenization in enhancing financial efficiency.
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J.P. Morgan Embraces Public Chains
- J.P. Morgan opened its private chain to enable cash settlement with tokenized treasuries on a public chain.
- Chainlink provided interoperability to connect J.P. Morgan's private chain and Ando's public chain, showcasing institutional crypto adoption.
Tokenization's Broad Economic Impact
- Tokenization spans currencies with stablecoins, asset management with tokenized funds, and soon equities and commodities.
- It reduces costs, fraud, and delays inherent in traditional financial systems operating mostly 21 hours a day, 5 days a week.
Optimistic Crypto Adoption Timeline
- Sergey Nazarov imagined institutional crypto adoption earlier than it actually happened.
- He optimistically expects the crypto institutional integration to materialize this or next year.