JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers
JPMorgan is piloting a dollar-denominated deposit token, JPMD, on Coinbase’s Base blockchain for instant transfers. The trial targets institutional users, with plans to expand pending regulatory approval.
Bitcoin Financial Services Firm Fold Set to Unload $250 Million on BTC Buys – Decrypt
Fold plans to sell $250 million in shares to invest in Bitcoin, adding to its $155 million BTC treasury. Over 130 public companies now hold Bitcoin, following MicroStrategy’s lead.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
JPMorgan pilots its JPMD deposit token on Base network, transferring tokens to Coinbase. Deposit tokens, backed by bank deposits, are touted as superior to stablecoins for institutional use.
JPMorgan Chase Files To Launch Own Crypto Services Trademark Under ‘JPMD’ – The Daily Hodl
JPMorgan Chase files to trademark JPMD for a new crypto services platform offering trading, transfers, and payments for digital assets, joining other major firms exploring crypto solutions.
JPMorgan Chase to pilot JPMD deposit token for institutional clients on Base
JPMorgan Chase will pilot JPMD, a dollar deposit token on Base blockchain, for institutional clients. It aims to offer scalable alternatives to stablecoins with potential interest-bearing features.
JP Morgan to Launch JPMD Coin on Base: Here’s What You Need to Know
JP Morgan plans to launch JPMD, a dollar-denominated deposit token on Base blockchain, starting with a pilot transfer to Coinbase for institutional clients before potential expansion.
BBVA Tells Wealthy Clients To Invest Up To 7% In Bitcoin
BBVA advises wealthy clients to allocate 3-7% of portfolios to Bitcoin, recognizing its potential impact on returns and long-term value in diversified investments.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
Cycles aims to rebuild sustainable crypto credit markets post-2022 crisis with its decentralized clearing protocol, addressing tightened unsecured credit conditions and liquidity challenges in the industry.
Fold Holdings Secures $250 Million Equity Deal To Expand Bitcoin Treasury
Fold Holdings secures a $250 million equity deal to expand its bitcoin treasury, with plans to acquire more bitcoin and launch a Bitcoin gift card for retail markets.
This Crypto Gaming PC Will Self-Destruct on Command – Decrypt
B3, a crypto gaming protocol, acquired PC maker Andromeda Insights to launch the B3PC, a crypto-focused gaming PC with a self-destruct storage drive, built-in wallet, and hardware encryption.
