JPMorgan trials blockchain for collateral settlement in after-hours trading By Cointelegraph
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JPMorgan trials blockchain for collateral settlement in after-hours trading Multinational investment bank JPMorgan Chase (NYSE:) & 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.
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JPMorgan trials blockchain for collateral settlement in after-hours trading Multinational investment bank JPMorgan Chase (NYSE:) & 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.
Continue Reading on Coin Telegraph
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