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JPMorgan Tokenises Private-Equity Fund for Wealthy Clients
JPMorgan Chase is making investing in alternative assets easier by offering them through digital tokens. On 30 October, the banking giant tokenised a private-equity fund on its blockchain platform, available to wealthy clients of its private bank. The move precedes a broader rollout next year of JPMorgan’s fund tokenisation platform, Kinexys Fund Flow. Tokenisation provides a digital representation of asset ownership on a blockchain ledger. Desp…
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1 Articles
JPMorgan Tokenises Private-Equity Fund for Wealthy Clients
JPMorgan Chase is making investing in alternative assets easier by offering them through digital tokens. On 30 October, the banking giant tokenised a private-equity fund on its blockchain platform, available to wealthy clients of its private bank. The move precedes a broader rollout next year of JPMorgan’s fund tokenisation platform, Kinexys Fund Flow. Tokenisation provides a digital representation of asset ownership on a blockchain ledger. Desp…
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