JPMorgan has taken a significant step by tokenizing a private equity fund on the Kinexys platform, a move that has garnered considerable attention in the financial world. This groundbreaking initiative represents a pivotal moment in the integration of traditional finance with blockchain technology. As a result of this development, Jamie Dimon, the CEO of JPMorgan, has publicly acknowledged the legitimacy of cryptocurrency, stating, “Crypto Is Real.” This statement highlights a shift in perspective within the financial sector, suggesting that even major institutions like JPMorgan are beginning to recognize the potential of digital assets and their implications for the future of investment and banking.
source: https://blocknews.com/jpmorgan-tokenizes-private-equity-fund-on-kinexys-heres-why-jamie-dimon-now-says-crypto-is-real/