The US banking giant said BlackRock and Barclays are now live on its tokenised collateral network.

J.P. Morgan has facilitated its first blockchain-based collateral settlement for a live client over-the-counter (OTC) derivative transaction. This first transaction with BlackRock and Barclays demonstrates the power of tokenised assets, particularly in a collateral setting - Ed Bond, J.P. Morgan BlackRock tokenised the representation of shares in a money market fund (MMF) through J.P. Morgan’s Tokenized Collateral Network (TCN), an application which sits on the US banking giant’s