JPMorgan Is Using Blockchain for Collateral Settlement
- Carleen Chitty
- May 31, 2022
- Blockchain
- Collateral
- JPMorgan
- settlement
Key Takeaways JPMorgan has begun to use blockchain for collateral settlements, beginning with a pilot transaction performed last week. The transaction involved assets from BlackRock, which was not directly involved in the transaction as a counterparty. Though JPMorgan has embraced blockchain for institutional use, its CEO, Jamie Dimon, remains critical of Bitcoin. Share this article […]
Read MoreRenald Durand Joins Star Mountain Capital From JPMorgan Chase to Become Director of Finance
NEW YORK–(BUSINESS WIRE)–Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager, with over $2 billion in assets under management, focused exclusively on investing in established, private small and medium-sized North American businesses (lower middle-market), is pleased to announce that Renald “Ray” Durand has joined as Director of Finance. Mr. Durand brings a broad skillset […]
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