Canton Network processes $350B daily repo volume as JPMorgan, DTCC, Goldman Sachs build on institutional blockchain infrastructure ...
In a note shared on Thursday, Wall Street veteran Ed Yardeni praised the transformation of legacy institutions as they embrace innovation rather than fighting it. “Traditional banks are moving swiftly ...
JPMorgan Chase (NYSE: JPM), the largest bank in the United States, has ignited widespread speculation in the financial and cryptocurrency sectors with its recent trademark filing for “JPMD.” Submitted ...
JPMorgan’s JPMD represents tokenized bank deposits, backed by fractional reserves and issued under strict regulatory oversight. The JPMD pilot is running on Base, a public Ethereum layer-2 solution.
U.S. banking giant JPMorgan is launching its alternative to a stablecoin called JPMD. The new product is a so-called deposit token that’s designed to serve as a digital representation of commercial ...
JPMorgan Chase is bringing blockchain technology to an investing staple with its first tokenized money-market fund. The $4 trillion banking giant’s asset-management division is seeding the fund with ...
JPMorgan JPM has rolled out a blockchain-based deposit token, JPM Coin, for institutional investors. This represents dollar deposits at the bank and allows users to transfer money through Coinbase’s ...
JPMorgan Chase — whose CEO Jamie Dimon once dismissed bitcoin as a “fraud” and likened cryptocurrencies to a “Ponzi scheme” — is diving further into crypto with a money-market fund that’s based on ...
JPMorgan Chase & Co. (NYSE: JPM) has come a long way when it comes to crypto. At one point, they used to look at anything blockchain or digital assets with skepticism. CEO Jamie Dimon, who famously ...