JPMorgan: Tokenization Will Reshape the Fund Industry

robot
Abstract generation in progress

CryptoNewsFlash reports that Ciarán Fitzpatrick, Head of Global ETF Products at JPMorgan, stated that tokenization could change the entire market of the fund industry, not just exchange-traded funds (ETFs). He pointed out that experiments with tokenized ETFs have already begun, bringing advantages such as faster creation and redemption mechanisms, near-instant settlement, and continuous market access. Nevertheless, he also cautiously noted that tokenization will become part of the ETF ecosystem, but we are still years away from some good use cases. JPMorgan is exploring potential applications through its blockchain division Kinexys, indicating that the bank is not just an observer but is testing how tokenization can integrate into actual financial workflows. Tokenization is gradually being seen as a future operational layer, not just a distant concept.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin