# Ripple Spotlights a Tokenized Treasury Settlement With JPMorgan and Ondo on the XRP Ledger

A cross-border redemption of a tokenized United States Treasury fund settled in seconds, showing real-world assets functioning as live, movable instruments rather than static collateral.

- Published: 2026-06-23T10:27:12.108Z
- Canonical: https://polylog.news/crypto/2026-06-23/ripple-spotlights-a-tokenized-treasury-settlement-with-jpmor
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/ripple-tokenized-treasury-jpmorgan-xrp/)

Ripple is highlighting a completed test in which Ondo Finance, working with JPMorgan's Kinexys unit, Mastercard and Ripple, settled a cross-border redemption of a tokenized United States Treasury fund on the XRP Ledger. The transaction, inv…

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