JP Morgan opens crypto lab in Athens

2 years ago

Investment banking elephantine JP Morgan & Chase has reportedly moved to unfastened a crypto innovation laboratory successful Athens to foster innovation successful blockchain, AI, and cryptography, e-financials reports.

Head of JP Morgan’s DeFi level Onyx Tryone Lobban confirmed connected Feb. 21 that the concern elephantine had opened an innovation laboratory successful Athens, initially focusing connected gathering outgo capabilities successful enactment of Onyx.

The crypto laboratory volition supply probe and improvement (R&D) services connected blockchain, AI, and cryptography to outgo businesses globally.

JP Morgan has reportedly moved its plus and wealthiness absorption section employees to the caller bureau successful Athens.

In addition, the crypto laboratory is looking to capable successful 4 engineering positions, including 2 full-stack developers, 1 mobile app engineer, and a method manager.

The mobile app technologist volition enactment connected “performant blockchain-based integer individuality mobile apps and wallet prototypes. Lobann said that integer individuality could unlock caller interactions and services for web2 and web3.

JP Morgan successful crypto

JP Morgan afloat forayed into the crypto manufacture in  2022 aft it acquired the “JP Morgan Wallet” trademark. The trademark allowed it to connection crypto outgo and custody services to its clients.

The concern elephantine besides completed its archetypal cross-border transaction connected a nationalist blockchain, pursuing partnerships with New York Bank Mellon and Fidelity bank.

In its latest Global Markets Strategy report, JP Morgan said it is optimistic that the crypto and accepted fiscal manufacture could converge successful the beingness of due regulation.

The station JP Morgan opens crypto laboratory successful Athens appeared archetypal connected CryptoSlate.

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