How Fnality and J.P. Morgan are Redefining Finance

Last week saw a couple of major announcements coming from enterprises with their blockchain initiatives. These are changing the face of TradFi. First, we had Fnality close a £77.7m funding round led by Goldman Sachs and BNP Paribas. Then J.P. Morgan announced their latest milestone with project MAS, where they tokenized funds with alternative asset manager Apollo Global . Both of these announcements demonstrate that enterprise blockchain initiatives are showing no sign of abating. The ongoing work by both of these firms in the space has significant implications for blockchain in TradFi , which both deserve greater discussion.

Weekly News Mar 14, 2024 0 Add to Reading List

How Fnality and J.P. Morgan are Redefining Finance

Last week saw a couple of major announcements coming from enterprises with their blockchain initiatives. These are changing the face of TradFi. First, we had Fnality close a £77.7m funding round led by Goldman Sachs and BNP Paribas. Then J.P. Morgan announced their latest milestone with project MAS, where they tokenized funds with alternative asset manager Apollo Global .

Both of these announcements demonstrate that enterprise blockchain initiatives are showing no sign of abating. The ongoing work by both of these firms in the space has significant implications for blockchain in TradFi , which both deserve greater discussion.