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Ethereum World News 2022-05-26 16:25:15

JP Morgan is Experimenting with Blockchain Technology, Eyes Tokenizing Equities and Possibly DeFi

Summary: JP Morgan is experimenting with blockchain technology in trading traditional financial assets. JP Morgan plans to expand to tokenized equities, fixed income collaterals, and other asset types. The bank could also dip its feet into DeFi. Earlier this week, JP Morgan’s strategists had said Bitcoin could hit $38k in the near future and that digital assets were a better alternative to real estate. The Wall Street investment bank of JP Morgan is using blockchain technology for collateral settlements, particularly […]

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