By Walter Grand in Economy —

JPMorgan considers using blockchain to tokenize stocks

JPMorgan considers using blockchain to tokenize stocks
Photo by Cloris Ying / Unsplash

According to the report, the bank is experimenting with blockchain technology, using it to transfer collateral settlements. BlackRock is also interested in doing the same.

According to JPMorgan, the effort "will allow investors to pledge a wider range of assets as collateral and use them outside of market hours."