JPMorgan has entered a partnership with blockchain-based start-up Ondo Finance aimed at broadening access to tokenized financial products, according to statements circulating on 21 August. The collaboration seeks to use distributed-ledger technology to package traditional assets into digital tokens that can be traded, settled and held on-chain, potentially lowering costs and widening distribution. Participants in the discussions said the two firms will rely on existing interoperability infrastructure, with Chainlink mentioned as one of the connectors between their systems. While neither company has disclosed deal terms, the initiative underscores growing interest among large banks in applying blockchain to mainstream capital-markets activities.