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2026-07-10 07:41:51 UTC

rwatimes on Nostr: šŸ“° Over 15 Banks Race to Tokenize Finance, and It Could Affect Bitcoin šŸ—“ļø Jul ...

šŸ“° Over 15 Banks Race to Tokenize Finance, and It Could Affect Bitcoin
šŸ—“ļø Jul 09 2026 21:56 UTC - BeInCrypto

In Brief

More than 15 banks are tokenizing finance on private blockchains, challenging Bitcoin.
JPMorgan says private blockchains, not MicroStrategy, are

āž¤ Over 15 major banks are actively tokenizing financial assets on private blockchains, with JPMorgan leading the charge through its Kinexys platform.
āž¤ JPMorgan analysts suggest this shift to permissioned networks poses a greater long-term risk to Bitcoin than corporate holdings like MicroStrategy's, due to potential loss of activity and liquidity on public blockchains.
āž¤ The trend highlights institutional preference for private blockchains due to governance, privacy, and legal certainty, potentially shaping the future of crypto adoption.

#jpmorgan #tokenization #privateblockchains #bitcoin #kinexys #onyx #dtcc #cantonnetwork #hsbc #goldmansachs

šŸ”— Read more at: https://rwatimes.io/articles/cryptorank-over-15-banks-race-to-tokenize-finance-and-it-could-affect-bitcoin-2241741601