News Explorer — JP Morgan Onyx Uses Avalanche to Link Portfolios to Tokenized Funds

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Nov 15, 5:35 pm

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JP Morgan Onyx Uses Avalanche to Link Portfolios to Tokenized Funds

Onyx by J.P. Morgan and Apollo Global have partnered with Avalanche under Singapore's Project Guardian to explore the potential of blockchain and tokenization in asset and wealth management. The collaboration aims to streamline portfolio management, particularly for alternative assets. As a result, the native token of the Avalanche ecosystem, AVAX, has experienced a 14% price increase in the last 24 hours and a 60% increase compared to last week.

Onyx by J.P. Morgan and Apollo Global have partnered with Avalanche under Singapore's Project Guardian to explore the potential of blockchain and tokenization in asset and wealth management. The collaboration aims to streamline portfolio management, particularly for alternative assets. As a result, the native token of the Avalanche ecosystem, AVAX, has experienced a 14% price increase in the last 24 hours and a 60% increase compared to last week.

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