Posted 10/11/2023, 11:15:00 AM
JPMorgan Launches Blockchain Platform for Instant Collateral Transfers with BlackRock
- JPMorgan debuted its Tokenized Collateral Network (TCN) blockchain platform
- TCN enables conversion of traditional assets into digital tokens
- First trade settled between JPMorgan and BlackRock
- TCN streamlines and scales traditional settlements on blockchain
- Blockchain platform allows instant collateral transfers
- JPMorgan has evolved from criticizing crypto to launching blockchain services
