JPMorgan, a leading player in the finance industry, is actively developing the integration of traditional finance with decentralized finance through its blockchain subsidiary Kinexys.
Integration of TradFi and DeFi through Blockchain
JPMorgan's blockchain unit, Kinexys, led by Nelli Zaltsman, serves as a key link in merging regulated and unregulated financial systems. By collaborating with Chainlink, the firm enhances its asset-agnostic blockchain approach, providing real-time access to multiple networks.
Surge in Institutional Investments in DeFi
Institutional capital is increasingly directed towards supporting DeFi and tokenization of real-world assets (RWA), reflecting a growing interest in such protocols. The regulatory landscape, characterized by evolving guidelines in the U.S. and EU, fosters the participation of large financial institutions in the blockchain space, strengthening trust in the technology and its role in finance.
Transition to Public Blockchains and New Financial Future
Previously, JPMorgan focused on permissioned networks through JPM Coin. Recent steps towards public blockchains coincide with trends seen in other major firms, such as BlackRock and Franklin Templeton. Nelli Zaltsman emphasized that the company's goal has always been to work with public blockchains, subject to regulatory compliance.
JPMorgan's active role in blockchain and its integration with traditional financial instruments opens new horizons for institutional investments and fosters wider acceptance of technology in the financial sector.
