JPMorgan Chase Tokenizes a Private Equity Fund on Its Own Blockchain

BlockBeats News, October 30th, according to WSJ, JPMorgan Chase has tokenized a private equity fund on its proprietary blockchain and made it available to its private banking high-net-worth clients, marking the first official step in the full-scale rollout of its fund tokenization platform.

JPMorgan Chase stated that this move aims to make it easier for investors to participate in alternative assets investment through digital tokens.