Two financial titans, JPMorgan Chase and Apollo, have revealed their collaborative efforts to establish an enterprise mainnet through the Monetary Authority of Singapore’s (MAS) Project Guardian pilot project. This pioneering initiative aims to test and enhance digital assets for more efficient investment and management of discretionary portfolios, addressing challenges related to automated portfolio rebalancing and […]
Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients. Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management […]
In an article published by PYMNTS on September 7, 2023, it has been revealed that financial giant JPMorgan Chase is in the advanced stages of developing a blockchain-enabled digital deposit token, set to revolutionize the pace and efficiency of cross-border transactions. This initiative, which is at the forefront of Wall Street’s integration of blockchain technology […]
