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-0.000244123596289298 -0.000653902490060682 -0.000401060193903917 0.000122061798144748 -0.0028946083560019 -0.00352235474646018 -0.00428088163493067 -0.00526609471995533
Stock impact report

JPMorgan expands digital assets push with Mitsubishi deal as it targets $10bn in daily transactions [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Since its 2020 launch, Kinexys, JPMorgan's digital asset service, has processed over $3 trillion worth of transactions. But Zack Chestnut tells DL News that this number is only set to grow. “Our goal is to meaningfully grow these figures as quickly as we can,” the global head of business development for Kinexys said. “We would be pleased but not satisfied to see daily transaction value get above $10 billion per day in the foreseeable future.” Mitsubishi is only the latest firm to sign up to JPMorgan's blockchain network. Kinexys serves “hundreds” of clients across five continents, including central and commercial banks to the tune of $5 billion in transactions per day, Chestnut said. The expansion of Kinexys also highlights Wall Street's growing adoption of crypto and blockchain technology. Traditional financial services are launching crypto-trading services, signing partnerships with industry-native firms, tokenising assets, acquiring crypto startups, and increasingly using Show less Read more
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