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<ul><li>Tyrone Lobban of JP Morgan&#39;s blockchain division reveals almost all conversations are about transitioning traditional financial instruments to digital forms.</li><li>The client&#39;s talk about digitizing traditional financial instruments indicates a move away from crypto like Bitcoin.</li><li>Major banks and investment firms are conducting experiments to bring traditional assets onto blockchain platforms</li></ul>At CCData’s Digital Asset Summit in London, Tyrone Lobban, who leads JP Morgan’s blockchain division, <a href="https://www.youtube.com/watch?v&#61;l_VGSr7m2bs&amp;t&#61;1s&amp;ab_channel&#61;CCData" rel="noopener noreferrer nofollow">revealed</a> that nearly all of his recent talks with clients have centered around bringing regular financial items into the digital world using blockchain technology. A staggering 99.9% of his recent client discussions have revolved around tokenized forms of traditional financial instruments, marking a significant shift away from cryptocurrencies.In a segment called, “How Institutions are Shaping the Digital Asset Landscape,” Lobban pointed out that big banks and investment firms worldwide are actively working on experiments to put traditional assets on blockchain platforms. These early attempts are like trial runs, but they show a clear intent to embrace this new technology.Lobban emphasized the prevalent dialogue concerning how to integrate traditional assets into blockchain technology. He asserted that major global institutions, including banks, broker-dealers, and asset managers, are actively exploring initiatives on permissioned or public blockchains.Read full article a<a href="https://cryptotale.org/jp-morgans-blockchain-lead-unveils-99-9-focus-on-tokenized-assets-over-crypto/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

JP Morgan's Blockchain Lead Unveils 99.9% Focus on Tokenized Assets Over Crypto

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