Excited to unveil a collaboration between
@apolloglobal
and Onyx by
@jpmorgan
that aims to reshape portfolio management and democratize access to alternative assets. 👀
After almost two decades, I am leaving JPM to pursue a new opportunity. Our mission has always been “to make the Impossible possible.” In the past 6 years we have made alot of progress (for a globally regulated bank), and I am super proud! 🧵
Onyx by
@jpmorgan
is in the Metaverse 🎮 We wrote this paper to help clients cut through the noise and highlight what we would love to see built or scaled next in commercial infrastructure, tech, privacy & identity, workforce, and social governance 🧵
JPM unveils previously
#stealth
but *now in production* Intraday Repo
#blockchain
application that instantly settles 🤑billions🤑 of tokenized cash & collateral for
#repo
trades priced by the minute (not days)⏱Introducing Onyx Digital Assets 🚀
Christine Moy (previously JPMorgan) is joining Apollo as a partner and head of digital asset strategy
Pretty serious title. Makes her one of the most senior tradfi people working on digital assets/crypto
I’m here for the community. Everyone is open, fun, different, and ridiculously smart...doesn’t matter if we’ve been friends for the past 5 years, 5 days, or 5 hours.💘y’all and hope we stay weird 🤙🏼
#btcmiami
was a blast but now let’s get back to work we got way more to do 🌎🚀
Crypto = new financial infra that is global, open source, for all rgrdless nationality, ethnicity, race, gender, class 🌎 Me &
@jillruthcarlson
FUD bust w facts its use in illicit activities, power consumption, energy sources 🌊
JPM: First bank w space-based payments using multiple satellites, enabling machine-to-machine payments, programmable value xfer, perhaps an intergalactic ccy backed by H2O/O.
@elonmusk
@JeffBezos
@richardbranson
let’s talk Space Economy w
#crypto
!
JPMorgan creates new division Onyx focused on
#blockchain
, JPM Coin is LIVE, the 400 bank network Liink has a new LIVE app to Confirm account info before payments to prevent fraud
My first strategy deep dive, sitting down with
@IanAllison123
from
@coindesk
! Thanks for focusing on the team’s work and future-looking agenda (and not the typical noise).
Elaborating on
#Bitcoin
mining’s actual power consumption relative to the global GDP and other benchmarks (notably 1/12 fraction of US “always on” appliances and devices 👀📱), we refer to a fascinating report by
@GalaxyDigitalHQ
@_amanda_fab
@novogratz
Investment giant
@apolloglobal
has made a major push into crypto with the hire of former JPMorgan exec Christine Moy (
@cmoyall
) to be its first head of digital assets strategy.
By
@egreechee
Gonna try to not think about work over the holidays. But can’t wait to read this gem...so guess out-of-office mood will be:
“Bitcoin, not Blockchain”
...to ring in the New Year, thanks to
@winklevoss
and
@tylerwinklevoss
!
🚀 Happy Holidays! 🚀 a big 2020 ahead so rest up...
The Onyx by J.P. Morgan team is comprised of stars and I look forward to seeing what this next generation will come with. As for my next world building adventure, please stay tuned. I am super excited to share with you what is next!
#wgmi
And demystifying mining’s power sources and to learn more about how mining can make efficient use of trapped power, we reference a
@HarvardBiz
article by
@nic__carter
Proud to host a rad agenda f/t research in smart contracts (privacy, universal composibility, and debut of complete knowledge!), consensus (post-blockchain, mining discouragement attacks), off-chain mrkts, tx traceability, ZKP, MPC, decentralized oracles+IDs 🤯
For the first time ever,
@FortuneMagazine
has published a SECOND
#Fortune40
Under 40 list. This one honors the brightest stars at the leading edge of finance and tech.
DeFi vs TradFi innovation
Innovation in DeFi is quicker because it's open-source, multithread, and tested with real money.
In TradFi you need "hundreds" of approvals from risk, compliance, legal and cyber to have clients using it.
-
@cmoyall
Key benefits:
—Reducing 3000+ operational steps to 1 automated process for wealth managers 🙌
—Reducing portfolio fees ~20% as a result of reducing cash drag through faster, programmatic settlement 😮
—Enabling $400Bn annual revenue opportunity for the broader AWM industry 💵
JPMorgan, the world's largest bank by market cap, believes NFTs will dominate digital assets
@cmoyall
will share the bank's vision for the Metaverse at
#Permissionless
.
Don't miss this:
The main point is—there’s a crazy new open system being built and we can all build it together to get to best outcomes. There’s no excuse - if you can read this tweet you can get involved and here’s a guide from
@wef
to help you roll up your sleeves 💪🏼
With some elaboration from the Original
#bitcoin
miner
@OGBTC
that more mining is powered by hydro and land locked nat gas than you would otherwise think based on existing narrative (by some counts 70% depending on season) ⚒
#CeFi
with a bit of
#DeFi
and maybe wild
#blockchain
nerd dreams of an enterprise mainnet enabling new ways for banks to collaborate and solve real business problems at scale... featuring
@jpmorgan
’s Liink bank network
NEW:
@jpmorgan
's newly rebranded Liink banking network wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.
@IanAllison123
reports
@find_evil
Thanks
@find_evil
! I’m a twitter fan so this note is a nice surprise! This is certainly a story of women supporting women;
@AmberBaldet
picked me out of a pile of resumes and trained a new
#womaninblockchain
. I’m looking to pay it forward in my tenure.
JPM’s first tradfi investor conference on the crypto economy and web3 opens with an awesome fireside chat with
@SBF_FTX
of
@FTX_Official
and
@AlamedaResearch
discussing crypto market infrastructure across jurisdictions and compared with legacy systems
To clarify crypto’s *actual* use in illicit activities, in our article we reference reports and investigations from blockchain forensics experts
@elliptic
@chainalysis
and a report on cash systems by
@BAESystemsInc
🔍
Let’s go 2021 🚀 ...also more exciting developments in the pipeline that we have been working on & building // still in
#stealth
//
#Onyx
by
@jpmorgan
//(also we’re hiring amazing product, tech implementation, dev, and payments people in NYC, UK, HK, and Singapore so holla at me)
My predictions for 2021:
- Payment for order flow is coming to crypto — which will help bring down retail trading fees
- Coinbase, Bitso, Paxos will be some of the firms to make an acquisition in 1Q as M&A heats up
- JPMorgan's blockchain repo initiative gains steam
I’m hiring! Looking for a full-stack developer with blockchain experience who is passionate about building the future of finance and asset management (in winter or summer, rain or shine).
Built JPM's first metaverse presence in
@decentraland
at Metajuku mall with a pet tiger that made it into both Bloomberg Matt Levine and Colbert (collabo with
@janineyorio
Julia Schwartz of
@Everyrealm
), and published this paper 👇 (2022)
Thrilled to have launched earlier today
@wef
’s first council entirely focused on
#crypto
! Many thanks to co-chairs
@Melt_Dem
and
@cuysheffield
and to the entire group. Excited for a fun and productive year.
Created JPM's first Crypto Economy Forum with keynotes by
@brian_armstrong
@fredwilson
@SBF_FTX
amongst others, and issued JPM's first (but hopefully not last) NFT (2021)
Incredibly proud to work with the CanDID team on this important topic of Decentralized ID. Real-world business problem sets meet top tech thinking and talent, made possible by our
@jpmorgan
partnership with
@initc3org
(featured in this snazzy video):
Event info: Will
#blockchain
prove to be a disruptive force or just tech optimization? Hear what
@jpmorgan
and
@GoldmanSachs
think at BlockFS this November. Learn more:
Fun conversation with
@jpmorgan
Commercial Bank CIO Anish Bhimani. Discussed the latest in enterprise blockchain, JPM Coin, and new use cases to get excited about. Check out the 20-min full length audio podcast for more details! 🎧
#jpm
#blockchain
📈 Through the use of tokenization and smart contracts, we hope to simplify investments for a broader investor base and contribute to the future of wealth management.
Shout out to
@TyLobban
and team members new and old from both
@apolloglobal
and Onyx by
@jpmorgan
that worked endlessly to bring this vision to life 💚🙌🏽
JPM’s first investor conf on crypto wrapped w
@brian_armstrong
@coinbase
and
@fredwilson
@usv
talked abt the importance of top talent & repeatable innovation, how to find (not kill) the contrarian ideas that turn out to be right, DeFi, early days v future of web3 we see now🔥🚀🙏
Onyx by
@jpmorgan
,
@Temasek
,
@dbsbank
launch Partior - new shared payments rails for M1 money in the ASEAN region, delivering on
@MAS_sg
Project Ubin vision. Congrats
@nvnmallela
and team. Let’s go 🔥🌏
Thanks to
@AmberBaldet
for being an amazing manager, mentor and friend. All the best wishes for the new pursuit. Honored to carry the torch forward. See you on the other side.
Super excited to check out this incredibly in-depth
#bitcoin
book by
@AnitaPosch
covers history, investment thesis, wallets, opsec, practical uses, mining, everything. Definitely going to share with everyone who is new to the space and trying to get hands on and up to speed!! 🙏
Cool live demo at
@OpenAI
DevDay where
@romainhuet
shared GPT’s ability to👂listen to voice directions, 🧠interpret intent,🤔 put together a plan of action, 👩🏻💻write code to execute, across multiple databases and systems, and send an email confirmation to boot
Just finished reviewing 400+
@solana
#riptide
hackathon entries and put in my top picks to
@mattytay
. So pumped about what this ecosystem is building!! Also the
@hackerhouses
in MIA is hot AF, literally and physically 🔥🔥🔥
Living the dream with this crew nerding out on smart hashrate routing, self sovereign identity, and crypto regs 💘
@OGBTC
&
@ryankcondron
thanks for getting us together🔥
TECH: performance across devices (inc mobile) w definition of metadata standards for wearables, objects, to enable unique manifestations of NFTs in different virtual worlds. Eg an NFT is a t-shirt in Decentraland but a sword in a fantasy game (h/t
@coin_artist
for pioneering) 👩🏻💻
What an amazing, diverse turn out for
@BlockchainsFor
Schools x
@jpmorgan
Blockchain event 🥳🥳
These high school students learned about blockchain use cases at JPM and in finance. Thanks again to
@cmoyall
@MAustin_4249
for having us!!
AND we had more than 50 % women👏 👏
COMMERCIAL INFRA: A delightful wallet experience that combines tradfi payments rails, crypto & NFTs, digital identity verifiable credentials, with the ability to support a variety of anon avatars across virtual worlds while still making private KYC/AML compliant payments 💸
@jillrgunter
Thanks for highlighting the investment/work we been doing behind the scenes @ JPM blockchain for the past 6 yrs. Hopefully our actions speak louder than words. The *real news* from the JD headlines are *what clients want, and where that will take us next* wgmi tho it will be hard