According to The Wall Street Journal, JPMorgan Chase has completed a pilot tokenization of a private equity fund on its proprietary blockchain network, marking a significant step in the bank's advancement of blockchain financial infrastructure. The project aims to enable on-chain representation and settlement of fund units to improve liquidity and transparency.
JPMorgan Chase stated that it plans to officially launch its "Alternative Investment Fund Tokenization Platform" in 2026, providing institutional clients with on-chain issuance and trading services for private equity, credit, and other non-public market assets.