NYSE:JPMBanks
JPMorgan Links Tokenized Treasuries And AI Deals With Valuation Upside
JPMorgan Chase (NYSE:JPM) participated in a live pilot that settled a tokenized US Treasury redemption on a public blockchain in near real time.
The transaction involved cross border settlement and linked JPMorgan with Ripple, Mastercard, and Ondo Finance in a shared digital asset workflow.
Separately, JPMorgan is co leading a $13b financing package for Meta Platforms' AI data center project in Texas.
For investors watching NYSE:JPM, these developments come with the stock trading around...