Reported about 8 hours ago
JPMorgan Chase has initiated the tokenization of a private-equity fund using its own blockchain platform, aiming to simplify access to alternative investment strategies for wealthy clients. This effort is part of a broader initiative to tokenize various investment assets, creating a digital representation of ownership that facilitates quicker asset exchanges. JPMorgan plans to expand its offerings in the future, amidst increasing interest in blockchain solutions within the banking sector.
Source: YAHOO