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JPMorgan bets on tokenization as Kinexys brings private equity onchain

Cointelegraph
JPMorgan is launching its Kinexys Fund Flow platform to tokenize assets like private equity, aiming for a broader rollout in 2025.

Summary

JPMorgan is advancing its fund tokenization platform, Kinexys Fund Flow, which is reportedly planned for a 2026 rollout, though a broader launch is expected next year. The major US investment bank has already tokenized a private-equity fund on its proprietary blockchain for high-net-worth clients. JPMorgan intends to use Kinexys to tokenize other alternative assets, including hedge funds, private credit, and real estate. Anton Pil, an executive at JPMorgan's asset management arm, stated that blockchain solutions are inevitable for the alternative investments industry, emphasizing that tokenization simplifies the ecosystem and provides easier access for investors to gain asset exposure. JPMorgan has been active in tokenization since launching its Onyx division around 2019, which was recently rebranded to Kinexys to accelerate mainstream adoption of blockchain technology.

(Source:Cointelegraph)