Published by
Benzinga
Benzinga
Major cryptocurrencies surged on Friday following reports that global financial powerhouse JPMorgan is venturing deeper into the world of cryptocurrencies. The company is said to be developing a cutting-edge blockchain-driven solution to facilitate seamless cross-border transactions. What Happened: According to a Bloomberg report, JPMorgan has made significant progress in developing the necessary infrastructure to facilitate the implementation of a new deposit token. Initially, this token will be introduced for corporate clients with the aim of streamlining payment and settlement processes. De…