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JP Morgan has gone live with its first blockchain transaction for its corporate clients in Europe using its own token.
The JPM Coin transaction was conducted by Siemens AG, the large Germany-based conglomerate, in a Euro-denominated payment on the JP Morgan’s permissioned blockchain.
Given we have got Staci as former JPM exec I would have wished for a tiny bit lobbying for our co-chains architecture 🫠. Can't believe their in-house product is better technically. Onboarding TradFi is one of our greatest strengths. Would love to know what's going on behind the scenes regarding the progress of marketing our co-chains architecture - not much news on that front sadly.
| title | A funding request for volume and liquidity improvements across the Algorand ecosystem. |
|---|---|
| period | 8 |
| author | Grzegorz Raczek (@grzracz), Erik Hasselwander (@ErikHasselwander), BunsanMuchi (@BunsanMuchi), David Blazek (@Zykoz) |
| company_name | Vestige.Fi |
| category | dApps |
| focus_area | Defi |
| open_source | Yes |
| amount_requested | 350000 |
| usd_equivalent | $44,747.5 (note: automated conversion) |
| status | Final |
This proposal features three distinct components designed to increase volume and access to liquidity across the Algorand ecosystem.
Integrating Stableswaps and Lending Pools into the Vestige Aggregator, as well as open-sourcing the routing smart contract
Establishing a fully decentralized on-chain aggregator for new dApps to utilize the available liquidity on Algorand
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