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Updated · Bloomberg · Apr 28JPMorgan appoints Oliver Harris to lead Kinexys blockchain division
4 articles · Updated · Bloomberg · Apr 28
- Former Goldman Sachs executive Oliver Harris joined JPMorgan earlier this month and will head the Kinexys unit.
- Harris is tasked with commercializing Kinexys’s blockchain applications and enhancing engagement with institutional clients.
- The appointment reflects JPMorgan’s ongoing strategy to expand the adoption of products and services based on crypto’s underlying technology.
Kinexys aims for $10B daily. What hurdles remain before blockchain becomes the default for global finance? Can private bank chains truly interoperate with public networks without sacrificing institutional-grade security and compliance? Is JPMorgan's blockchain push true innovation or just old finance in a new decentralized wrapper? As banks push trillions onto blockchains, can regulators keep pace to prevent the next on-chain financial crisis? With rivals all-in on digital assets, who will ultimately win the race to tokenize the world's economy? Will JPMorgan's JPMD token on public blockchains threaten existing stablecoins or legitimize them for institutional use?