with announcement this week it’s being used by “a large technology client to send payments around the world”.
The global giant also created a separate business for all crypto related activities. About a two minute read.
Comment: JP Morgan does seem to be taking big moves on Crypto as of late, even as funding for Blockchain start ups dropped some 35% YoY. This is consistent with the maturity theme we’ve been witnessing over the past year or so. The hype, it would seem, on the Fintech bubble, is fading.