Anthony Scaramucci Applauds JPMorgan’s Blockchain Move, Calls It ‘Good News’ For His Solana And Avalanche Investment Thesis
SkyBridge Capital founder Anthony Scaramucci stated Thursday that JPMorgan Chase & Co.’s (NYSE:JPM) move to issue debt securities using Solana (CRYPTO: SOL) supports his firm’s investment thesis.
Scaramucci Cheers JPMorgan’s Tokenization Push
Scaramucci highlighted the report about JPMorgan issuing $50 million in U.S. commercial paper for Galaxy Digital Inc. (NASDAQ:GLXY) directly on Solana, one of the first instances of a major global bank using a public blockchain to issue and service securities.
Interestingly, JPMorgan’s move comes days after CEO Jamie Dimon said that the banking giant is open to leveraging blockchain technology to improve services for its clients.
Scaramucci, a known cryptocurrency advocate, hailed the development as “good news” for his investment thesis about Solana …
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