JPMorgan is expanding the specialist team inside Chase, its retail banking arm serving consumers and small businesses, that handles crypto asset and blockchain work, according to NADA NEWS. The move marks a shift from the bank’s earlier blockchain-related services, which had mainly been aimed at companies and institutional investors. The report says the expanded team is part of JPMorgan’s internal build-out for applying digital assets in personal finance. Based on job postings, the group will be responsible for shaping digital asset strategy, working with crypto companies, and taking new products from development to launch. Commercialization options listed for the effort include in-house development, external partnerships, and acquisitions.
JPMorgan is expanding the specialist team within Chase, its retail banking unit for consumers and small businesses, that handles crypto asset and blockchain business, according to NADA NEWS.
The bank’s blockchain-related services had previously been aimed mainly at companies and institutional investors. The team expansion points to internal preparations for applying digital assets in personal finance.
Job postings show the new team will be tasked with setting digital asset strategy, working with crypto companies, and bringing new products into market. Commercialization plans include in-house development, external partnerships, and acquisitions.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
