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JPMorgan Hiring Software Engineers for ‘Collateral Blockchain Tokenization’
The intriguing vacancy doesn’t go into much detail, however.
By Ian Allison
Updated May 11, 2023, 4:08 p.m. Published Nov 24, 2021, 5:48 p.m.
Mega-bank JPMorgan is looking to hire candidates for the bank’s Software Engineering Group to focus on “Collateral Blockchain Tokenization,” according to a recent job posting.
The terms “collateral” and “tokenization” in the job title are somewhat intriguing, especially since the vacancy specifications give almost no detail about what the position actually entails. Furthermore, the word “blockchain” does not appear anywhere other than in the job title.
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“As a member of our Software Engineering Group, we look first and foremost for people who are passionate around solving business problems through innovation and engineering practices,” said the JPMorgan job posting.
Tier one U.S. banks are busy hiring staff to build out crypto and digital assets functions, with Citi reported this week to be planning 100 hires to beef up its digital assets division.
JPMorgan has also been busy adding staff to its Onyx blockchain, which includes a payments network and JPM coin. Within the Onyx suite of services, JPMorgan uses tokenization to represent real assets like U.S. Treasurys for intraday repo, done on a permissioned version of Ethereum called Quorum.
JPMorgan declined to comment.
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What to know:
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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