JPMorgan executive Scott Lucas confirms crypto trading services are in development, but his firm is hesitant to handle crypto custody at the moment. JPMorgan is looking to scale up its blockchain and crypto exposure and is now developing plans to offer cryptocurrency trading services, according to a company executive. Custodying crypto directly is currently off…
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The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator. The Union Bank of Switzerland (UBS) has rolled out a tokenized fund on the Ethereum blockchain network after highlighting the increasing interest among investors for tokenized financial assets. In…
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