According to the Wall Street Journal, JPMorgan Chase has officially launched its first tokenized money market fund, marking an important step for the banking giant in the application of blockchain technology. The Private Offering Fund will run on the Ethereum blockchain and is open to qualified investors. JPMorgan will inject $100 million in equity funds into the fund as launch capital.
据华尔街日报报道,JPMorgan Chase 正式推出其首只代币化货币市场基金,标志着这家银行业巨头在区块链技术应用方面迈出重要一步。该私募基金将在以太坊区块链上运行,面向合格投资者开放。JPMorgan 将向该基金注入 1 亿美元的自有资金作为启动资金。
On December 13, Scott Lucas, managing director and head of digital asset markets at JPMorgan Chase, said at the Solana Breakpoint conference: The more pioneering and adventurous ideas that emerge in the Solana ecosystem often end up in mature solutions suitable for regulating the market, which is a very ideal development path. Innovation is the result of such a collision of ideas and comprehensive debate. Being able to immerse yourself in it, really listen to the pulse of the industry, and absor...
Michael Saylor, founder and executive chairperson of Strategy, said several large banks, including BNY Mellon, Wells Fargo, Bank of America, Charles Schwab, JPMorgan Chase and Citigroup, have started to extend credit with bitcoin as collateral.
JPMorgan said Strategy Inc.'s stock has fully absorbed the latent risk of its removal from major stock indices, adding that the impending decision by MSCI, even if it results in the company's removal (which still triggers passive capital outflows), could be a catalyst for the stock price to rise. As the world's largest corporate bitcoin holder, Strategy is already dealing with the pressure of falling token prices - the company holds about $60 billion in bitcoin.
JPMorgan's team of currency strategists, led by Meera Chandan and Arindam Sandilya, had forecast dollar strength after Mr. Trump became president this year but had to quickly adjust its view after the dollar's worst performance in 50 years in the first half of the year. The team's view on the dollar turned negative in March and remained unchanged.
JPMorgan's Treasury client survey for the week to November 24 showed that the long ratio rose 4 percentage points to its highest level since April, while the short ratio fell 1 percentage point and the neutral ratio fell 3 percentage points. The net long ratio is the highest since October 2010.
Opposition to JPMorgan Chase, the financial services giant, continued to rise on Sunday among supporters of the Bitcoin community and the Bitcoin treasury company Strategy, and calls for a "boycott" of JPMorgan grew louder. The Bitcoin community's discontent stems from the news that index compiler MSCI (formerly Morgan Stanley Capital International) plans to exclude cryptocurrency treasury companies from its index components in January 2026. JPMorgan Chase reported in a study...
JPMorgan said Michael Saylor's Strategy could face outflows of about $2.80 billion if MSCI removes it from major indices, and up to $8.80 billion if other index providers follow suit. That would depress valuations, reduce liquidity and make it harder to raise capital, analysts said. MSCI's decision is due on January 15, 2026, which is seen as a key milestone for the company's share price.
President Donald Trump hosted a welcome dinner for Wall Street executives at the White House on Wednesday. According to people familiar with the matter, the dinner was attended by financial titans including Jamie Dimon, chief executive of JPMorgan Chase, and Steve Schwarzman of BlackRock Group. Treasury Secretary Vincent and Commerce Secretary Lutnik were also present. During the dinner, business executives and government officials discussed how to solve America's affordability problems, especia...