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Cryptocurrency News

JPMorgan trials blockchain for collateral settlement in after-hours trading

05/28/2022

Less than a minute

2022.05.28 03:12

Multinational investment bank JPMorgan Chase (NYSE:JPM) & Co is reportedly trialing the use of its own private blockchain for collateral settlements.

According to Bloomberg, JPMorgan conducted a pilot transaction on May 20, which saw two of its entities transfer a tokenized representation of Black Rock Inc. money market fund shares.

Source

05/28/2022

Less than a minute