JPMorgan collaborates with Apollo to establish a tokenized enterprise mainnet

ChainCatcher news, JPMorgan and Apollo executives revealed that they reached a tokenized enterprise mainnet plan during their collaboration on the Monetary Authority of Singapore's Project Guardian pilot project.

This enterprise mainnet will enable JPMorgan to create intraday repurchase agreements, providing scalability to integrate applications into the existing network of KYC-compliant institutional banks, broker-dealers, and asset management firms.