Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
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.