The bank is reportedly opening up access to clients in Switzerland ahead of a global rollout.
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The $18 billion issuer has become the first to ask regulators to make existing shares of an ETF available on the blockchain.
The move may fundamentally change how trading works, but will it offer a real advantage or just endless hours of marginal activity?
Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
Outside of some high-net-worth clients’ portfolios, tokenized assets are not yet the norm among advisors.
The move comes before the bank’s full rollout of its tokenization platform next year.
Tokenized securities are moving closer to a reality as issuers make plans to bring more assets and funds on-chain.
The complete blockchain overhaul of financial markets could happen in the next two decades, according to experts.
The research and advisory firm Forrester found that adapting to new technologies is paramount to financial services firms.