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J.P. Morgan Asset Management Expands on Solana with MONY and JLTXX

J.P. Morgan Asset Management Expands on Solana with MONY and JLTXX

JP morgan is not your typical financial enterprise that would bow to the changing crypto dynamics. They adopted the bitcoin and Ethereum fairly well. And not just that they started launching funds on them. 

Now the move is going towards the solana. It's not like Solana is a powerhouse like bitcoin and Ethereum as of yet. But all business have dumping power on that chain. So JPM too thought about adding their funds on the chain. 

This means the too funds are about to get some cashflow into them. Adding more ecosystem power for the Solana. Not sure how that would help for the alt coin owners but the chain is winning by implementation. 

I don't see much can be done on this part but it is growth that is being triggered here. Which is what most of the Solana owners desperately needed too. And  I suppose we are going to find more on that part. 

You can read here. 

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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