JPMorgan's move can be considered a formal step into the blockchain space: supporting it with a management scale of $40 trillion in assets, directly deploying tokenized money market funds on Ethereum.
What does this mean? Let's look at it from several perspectives:
1. Wall Street's cash management products are finally starting to use blockchain. Previously, it was all PPT discussions; now it’s actual implementation—this marks a shift from talk to action.
2. Ethereum's position as an asset-carrying platform has risen another level. It's no longer just backing a small coin; it's the compliance choice of top global financial institutions. This kind of recognition is very important.
3. The technical benefits are even more straightforward: 24/7 continuous clearing, transparent processes, and significantly reduced costs—traditional financial infrastructure, which is inefficient, is gradually being optimized.
From the perspective of $ETH, what changes might the entry of such institutional applications bring? Would love to hear everyone's thoughts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
OldLeekNewSickle
· 12-25 05:29
JPMorgan's involvement is indeed a signal, but don't be fooled by the 4 trillion yuan figure. How many percentage points of actual inflow into the ecosystem are there? As I always say—institutional recognition ≠ price increase. Haven't we learned this lesson the hard way enough times?
To be honest, Ethereum's current position is indeed stable, but whether ETH breaks new highs is the real indicator. Having compliance alone without additional capital inflows is pointless... Just for your reference.
View OriginalReply0
BakedCatFanboy
· 12-25 05:27
Wait, is JPMorgan really on Ethereum? Isn't this just another marketing gimmick?
With 4 trillion supporting it, how high does ETH have to fly to be reasonable, haha
View OriginalReply0
NFTArchaeologis
· 12-25 05:27
JPMorgan's move, to some extent, is like stamping the credibility of on-chain assets—not a technical proof, but institutional endorsement. The weight of 4 trillion has been pressed down, and Ethereum's position has indeed changed.
View OriginalReply0
AirdropworkerZhang
· 12-25 05:25
JPMorgan is really done pretending, and is actually going all-in on Ethereum. This makes the ETH story even more solid.
View OriginalReply0
DegenDreamer
· 12-25 05:19
JPMorgan's entry is indeed different, but to be honest, 4 trillion sounds huge but is actually just the beginning.
Old institutions are like this, taking it step by step, testing the waters first.
ETH is stable this round.
View OriginalReply0
DaisyUnicorn
· 12-25 05:14
JPMorgan has finally upgraded from PPT fanatic to practical player. With $4 trillion stepping into the Ethereum community consensus garden, I just want to ask, can ETH still fall? Haha
The Wall Street flowers are really starting to bloom. This time, it's not just marketing.
View OriginalReply0
CryptoSourGrape
· 12-25 05:10
If I had gotten on earlier, $ETH wouldn't have to be so frustrating here. JPMorgan's recent moves are really just throwing it in my face...
JPMorgan's move can be considered a formal step into the blockchain space: supporting it with a management scale of $40 trillion in assets, directly deploying tokenized money market funds on Ethereum.
What does this mean? Let's look at it from several perspectives:
1. Wall Street's cash management products are finally starting to use blockchain. Previously, it was all PPT discussions; now it’s actual implementation—this marks a shift from talk to action.
2. Ethereum's position as an asset-carrying platform has risen another level. It's no longer just backing a small coin; it's the compliance choice of top global financial institutions. This kind of recognition is very important.
3. The technical benefits are even more straightforward: 24/7 continuous clearing, transparent processes, and significantly reduced costs—traditional financial infrastructure, which is inefficient, is gradually being optimized.
From the perspective of $ETH, what changes might the entry of such institutional applications bring? Would love to hear everyone's thoughts.