Head of JPMorgan's digital asset platform Onyx: The next focus will shift to the tokenization of assets such as money market funds

ChainCatcher news, Tyrone Lobban, head of JPMorgan's (JPM) digital asset platform Onyx, stated in an interview with CoinDesk that about 15 banks and broker-dealers are seeking to use Onyx-based repo services. Onyx's next focus will shift to the tokenization of traditionally hard-to-finance assets such as money market funds, and using them for collateral purposes. Furthermore, Lobban expects to issue a broader range of assets based on blockchain, including the tokenization of private equity funds. (source link)