Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins.
JPMorgan Chase & Co. is one the largest financial holdings companies in the world. It was founded in 2000 by a conglomeration of several big financial organizations and now employs Jamie Dimon as its CEO. Not only is it the largest bank in the US, it is also the second most valuable bank by market capitalization in the world. The company is headquartered in Manhattan, New York and has representatives of JPMorgan Chase Bank in over 60 countries, offering the full range of financial services.
The company has also expressed interest in using blockchain and Bitcoin technologies. In 2017, the company joined Enterprise Ethereum Alliance, an association that was created by companies interested in testing Ethereum blockchain technology for various projects. In the beginning of 2018, the organization published the “Bitcoin Bible” for potential investors that explains the technology on which cryptocurrency is based, revealing both its strengths and its weaknesses.
ConsenSys is using the funds to expand its enterprise blockchain solutions centered around DeFi and Web 3.0.12492
Top funds in the U.S. expect Bitcoin to hit anywhere between $130K to half a million dollars in the long term.28987
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange.8279
JPMorgan bunched proxy crypto stocks to give skeptical investors exposure to the crypto economy.20639
The largest cryptocurrency also recently beat the world's three biggest banks by market cap, data confirms.26257
Tiger Global and B Capital are the primary investors in the latest round. They join Coinbase Ventures, Accel, FMR LLC and others in backing FalconX.21785
The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms.19973
Bitcoin would serve as a hedge against fluctuations in traditional assets.30468
The price of gold has also been stagnating, but this isn't necessarily bad for "digital gold" Bitcoin.49688
A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs.10956
A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network, Liink.20820
Is the crypto custody market becoming too big for established banks to ignore?22354
Analysts bashed Bitcoin despite JPMorgan co-president Daniel Pinto claiming that Bitcoin adoption is inevitable at some point.12662
The price of Bitcoin is beginning to recover after news broke that Morgan Stanley's investment arm is considering buying BTC.23783