Tokenized Collateral Network News Today

The World Bank reports that 56% of the world’s population currently resides in cities. The worlds urban population will be rising by 1.5 times to 6 billion by 2045.

The World Bank reports that 56% of the world’s population currently resides in cities. The worlds urban population will be rising by 1.5 times to 6 billion by 2045.

Initially dismissed by banks, the tide has turned, with major financial institutions embracing blockchain to tokenize assets.

JPMorgan Chase CEO Jamie Dimon bashed crypto as a crime-laden form of currency that should be banned before the Senate Banking Committee on Wednesday.

JPMorgan, a major investment bank, is anticipating the widespread adoption of its digital currency known as JPM Coin.

Digital Asset Week in London brought together leading FIs and their fintech partners to announce the launch of the next wave of production digital assets applications.

Tokenized payment systems pose compliance and systemic risks, regulator says

The rise of Treasury yields since 2022 has delivered a major boost to the tokenization of real-world assets.The total value of on-chain, real-world assets

"It's becoming increasingly likely that blockchains can become the back-end infrastructure for almost every asset class."

JP Morgan has finally entered the blockchain world with the recent launch of its on-chain-based tokenization app, the Tokenized Collateral Network (TCN). After months of speculation, the new platform settled its first trade for the asset management giant BlackRock.