Browsing: institutional clients

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Tokenized deposits are emerging as a revolutionary development in the realm of blockchain finance, particularly for institutional clients.This innovative solution allows banks to issue digital assets that represent cash deposits on an in-house permissioned blockchain, enhancing liquidity and efficiency in capital markets.

JPMorgan Chase has introduced its deposit token, JPM Coin, specifically designed for institutional clients. This move marks a significant step in the bank’s digital asset strategy. JPM Coin aims to facilitate seamless transactions and improve… (via Bpaynews real-time desk)