Coinatory

JPMorgan Commits $500M to Numerai, Accelerating Crypto‑AI Fusion Numerai, the AI-driven hedge fund backed by legendary investor Paul Tudor Jones, has secured a $500 million allocation from JPMorgan Asset Management — a strategic move poised to more than double the firm’s assets under management and mark a deeper institutional pivot into AI-integrated crypto strategies. The San Francisco-based hedge fund confirmed that the capital will be deployed over the next 12 months. The returns on JPMorgan’s commitmen... cryptonews

State Street Joins JPMorgan’s Tokenized Debt Platform State Street, a leading global custodian and one of the world’s largest asset managers, has become the inaugural third-party custodian on JPMorgan’s Kinexys platform, a blockchain-based infrastructure for trading tokenized debt securities. In a move that underscores growing institutional confidence in digital asset markets, State Street will now offer custody services for blockchain-native debt instruments, extending its traditional financial... crypto news today

JPMorgan Mulls Crypto‑Backed Loans & Expands into Stablecoins JPMorgan Chase is reportedly evaluating the launch of crypto‑backed loans, marking a notable recalibration in its stance on digital assets. According to a Financial Times source, the bank is contemplating lending against assets such as Bitcoin ($119,015) and Ether ($3,696), potentially by 2026—though plans remain provisional. This development aligns with JPMorgan’s recent strategic pivot toward stablecoins. On a July 15 earnings call, CEO Jam... cryptocurrency news