News
JPMorgan is moving forward with the launch of its fund tokenization platform, Kinexys Fund Flow, with the rollout planned for 2026.
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JPMorgan Chase News
JPMorgan Chase is a multinational banking and financial services firm based in New York City in the United States. It is the largest bank in the world in terms of market capitalization and serves millions of customers globally. In 2017, JPMorgan Chase announced it was working on a blockchain-based platform for processing payments. The platform, called Quorum, is a private permissioned blockchain based on Ethereum and is designed to be used by large enterprises. Quorum is notable for its focus on privacy and security and includes features such as data encryption and voting mechanisms that allow users to control who can access the network. In August 2020, JPMorgan Chase sold Quorum to blockchain software company ConsenSys.
JPMorgan Chase has also been involved in other blockchain initiatives, such as the Enterprise Ethereum Alliance (EEA). The EEA is a consortium of enterprises working together to develop enterprise-grade applications on the Ethereum blockchain. JPMorgan Chase is a founding member of the consortium and has worked on projects such as Quorum with other member companies. In 2021, JPMorgan Chase launched its own cryptocurrency, JPM Coin. The cryptocurrency is designed for use in institutional payments, and each coin is backed by one U.S. dollar. Because JPMorgan Chase is one of the largest financial institutions in the world, its involvement in blockchain technology highlights the potential for blockchain in traditional finance.
- News
Solana is stepping up to the “big league” thanks to the approval of the first Solana staking ETF, which may bring wider altcoin adoption among yield-seeking institutions, an analyst said.
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JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a stock rally.
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This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets.
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The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network immediately.
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JPMorgan executive Scott Lucas confirms crypto trading services are in development, but his firm is hesitant to handle crypto custody at the moment.
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Morgan Stanley's wealth management division will initially cap crypto allocations and begin with Bitcoin funds from BlackRock and Fidelity, potentially adding choices later.
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Many major banks anticipate that Bitcoin will rise to as high as $200,000 by year-end, driven by record ETF inflows and capital rotation from gold markets.
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TradFi dives deeper into crypto: Tether’s mega raise, SEC eyes onchain stocks, JPMorgan expands Kinexys and a biotech bets treasury on DePIN.
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“It’s a treasurer’s dream,” said QNB’s Kamel Moris, highlighting how the bank’s shift to JPMorgan’s Kinexys blockchain enables near-instant, 24/7 payments.
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Wall Street leans into crypto: E*Trade to add BTC, ETH and SOL, JPMorgan cools on stablecoin risks, and CFTC tests tokenized collateral.
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JPMorgan CEO Jamie Dimon says the Federal Reserve won’t cut rates until inflation cools, and adds he is “not particularly worried” about stablecoins.
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Uniswap, Aptos, BNY, Chainlink, JP Morgan and Franklin Templeton executives join CFTC’s Digital Asset Markets Subcommittee under Acting Chair Pham.
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Santander’s digital bank has launched crypto trading in Germany, with a rollout to Spain planned as Europe’s largest lenders accelerate crypto services.
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BlackRock is reportedly exploring tokenized ETFs after Bitcoin fund success, as Wall Street giants tout tokenization as a game-changer for finance.
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