JPMorgan and Chainlink Lead DeFi Integration Pilot

JPMorgan is piloting a project with Chainlink and Base to integrate traditional financial systems with decentralized finance methods, according to information released at the RWA Summit Cannes 2025.

This initiative marks a significant step for JPMorgan as it explores the convergence of traditional and decentralized finance, potentially reshaping the financial landscape.

JPMorgan has launched a pilot project utilizing Chainlink’s interoperability and Base’s blockchain infrastructure. Nelli Zaltsman, Head of Blockchain Payments Innovation at JPMorgan, leads this initiative, aiming to facilitate onchain transactions with institutional rigor. Chainlink’s Sergey Nazarov highlights the project’s potential to connect traditional finance with digital assets, emphasizing its capacity for seamless integration.

The pilot’s introduction of the JPMD deposit token represents a move towards real-time financial settlements while maintaining traditional security protocols. This project reflects a shift in JPMorgan’s strategy towards greater public blockchain collaboration. The impact on Ethereum (ETH), which underpins Base, and Chainlink (LINK), is anticipated to be substantial, as these assets play crucial roles in the project.

Sergey Nazarov, Co-founder of Chainlink Labs, said, JPMorgan’s pilot is a “very early sign” of how major banks can connect traditional capital with digital asset markets.

This pilot may accelerate the adoption of blockchain solutions within conventional financial institutions. It could drive competitive pressure, encouraging more banks to experiment with public chain technologies. Nelli Zaltsman underscores the project’s regulatory adaptability, citing a focus on compliant onchain assets.

Nelli Zaltsman, Head of Blockchain Payments Innovation, JPMorgan, said, “Our goal has always been to find the best way to work with the public blockchain, regulatory environment permitting.”