On October 30, according to information from the Wall Street Journal (WSJ) , the world's leading investment bank JPMorgan Chase has officially Token (digitized through Token) a private investment fund on its exclusive blockchain platform. This is the first time JPMorgan has put private investment assets on its own blockchain system, and this move opens the first phase in the plan to comprehensively deploy the fund tokenization platform of this giant financial group.
According to a representative of JPMorgan Chase, the digitization of this investment fund is not only a technological experiment, but also a strategic step to help high-net-worth individual investors (high-net-worth clients) access alternative assets - which were previously limited to large investment funds or organizations. By converting these assets into digital Token , investors can buy and sell more flexibly, more transparently and reduce barriers to entry compared to traditional investment methods.
