JPMorgan Lost These Three Execs To Crypto Firms This Week Despite ‘Crypto Winter’
— Week, Bank, Jpmorgan, Left, Firms, Positions, Crypto, Execs, Lost, Winter — 1 min read
Eric Wragge, Puja Samuel and Samir Shah have all left JPMorgan in the space of one week. The three execs have secured positions in different firms within the crypto space. JPMorgan recently expressed readiness to tokenize U.S. Treasuries or money market shares in an attempt to “bring these trillions of dollars of assets into DeFi’ The bank also issued a note to its clients, informing them of plans to replace real estate with crypto assets as a “preferred alternative asset class” in May. CEO Jamie Dimon once termed Bitcoin “useless,” affirmed that blockchain and DeFi have valid use cases, despite the current Crypto Winter that has taken a toll on certain entities. Source