NYREF.IO转发了
Blackrock, JPMC, Barclays: BIG web3 launch 4 things you need to know?? Context: BlackRock tokenized shares on JPMorgan's blockchain, then Barclays accepted them as collateral. 1. How did it work? - BlackRock worked with JPMorgan to tokenize shares. - JPMorgan used its private Ethereum network (Onyx) to tokenize the shares. - BlackRock tapped Barclays to accept the tokenized shares as collateral for a trade. 2. What is JPMorgan's Onyx network? - A private blockchain launched by JPMorgan in 2020. - It's enabled >$700B in trades. 3. Who else is exploring tokenization? - Many institutions like UBS, CitiGroup, and LSEG. - They want to enable blockchain liquidity and security. - Potential for a fully connected tokenized finance system. 4. Why does this matter? - It lays the foundation for transforming capital markets. - Tokenization enables 24/7 markets, fractional ownership, speed, and global reach. This big milestone brings us closer to tokenizing the global finance system, arguably the most important technological advance in history. ??
So this Web3 thing was more than selling JPGs but also the digital transformation of the financial system. Huh.
$1B daily volume now
Love seeing some heavy hitters getting active onchain
Tokenisation is becoming a reality now. Want to see all those who laughed at the beginning.
Is this even decentralized or more like the younger bro of CBDC? Glenn Rachlin
That's some serious web3 onboarding happening. Next bull run will highly be impacted by these strong players.
jPM coin moves $1b daily and can be use as collateral, in the future this number will increase sharply due to their benefits to the ecosystem.
Helpful! This will
Web3 Consulting, Digital Asset Recovery & Blockchain/Crypto Education
1 年Is this really web3, tho? I'd say it's blockchain tech and really cool to see, but web3? Would love to hear your thoughts =)