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JPMorgan Launches Blockchain-Based U.S. Commercial Paper with Galaxy Digital
JPMorgan has orchestrated a groundbreaking U.S. Commercial Paper issuance on the Solana public blockchain for Galaxy Digital, marking a significant shift in how institutional finance leverages blockchain technology. This transaction, among the first of its kind, involves prominent investors like Coinbase and Franklin Templeton, showcasing the growing integration of digital assets into traditional financial markets. The deal sets a new precedent for blockchain-based debt issuance in the U.S. financial landscape. JPMorgan has made a landmark move in the financial markets by arranging a U.S. Commercial Paper (USCP) ... (full story)
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