Institutional Crypto & Tokenization Push
JPMorgan is launching a deposit token on Ethereum, BlackRock is eyeing tokenized funds as TradFi collateral, and Revolut has secured a Gibraltar DLT licence — signaling major institutional momentum in crypto infrastructure.
What we know
An account on X RTs Bloomberg on JPMorgan bringing its deposit token to Ethereum. @TheBlockCo reports BlackRock executives saying the next challenge is integrating tokenized assets into existing banking and settlement systems. @TheBlockCo also covers Revolut's new Gibraltar DLT licence for its crypto entity, serving 80M retail and 16M crypto users. Meanwhile another account on X confirms 'Black Monday' fears were unfounded with crypto, index futures, and metals all opening up.
Sources
“BlackRock sees tokenized funds expanding into traditional financial markets as collateral”
View post →“Revolut secured a Gibraltar DLT licence for its new crypto entity”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.