Share this article
JPMorgan Testing Blockchain Transfers With Over 2,000 Clients
JPMorgan has reportedly been moving money between London and Tokyo as part of a trial using blockchain technology.
By Stan Higgins
Updated Dec 11, 2022, 2:04 p.m. Published Feb 23, 2016, 3:27 p.m.
JPMorgan has reportedly been moving money between London and Tokyo as part of a trial that incorporates blockchain technology.
According to The Wall Street Journal, the tests involve about 2,200 of the bank’s clients. Daniel Pinto, CEO of the firm’s corporate and investment banking unit, told the news outlet that the test is a prelude to using the technology to move real funds internationally using a blockchain.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More details, the report indicated, will be offered during an investor event todayhttp://files.shareholder.com/downloads/ONE/1582527825x0x872911/8BA79853-D56E-4BFA-A833-C818A7F6F762/Reg_FD_Detailed_for_JPMorgan_Investor_Day_2016.pdf in New York.
The bank has been testing the technology in collaboration with New York blockchain startup Digital Asset Holdings, which is run by ex-JPMorgan executive Blythe Masters. It was one of a group of investors, primarily from the mainstream finance world, to contribute to Digital Asset's $60m funding round.
JPMorgan also plans to announce that it will boost spending on cybersecurity and investment in financial technology.
Image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- 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.
More For You
These Three Metrics Show Bitcoin Found Strong Support Near $80,000
Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
What to know:
- Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
- The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.
Top Stories
