The tides of time are changing rapidly as blockchain and crypto take center stage globally. In the latest feat, JPMorgan’s CEO Jamie Dimon has acknowledged how crypto and blockchain are the future, embracing the crypto tech holistically, which he once called an asset “worth closing down.”

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Dimon’s Changing Stance on Crypto

Jamie Dimon smiling in formal suit with brown background
Source: CNBS

There was a time when Jamie Dimon, CEO of JPMorgan, was strictly against Bitcoin and crypto tech in general. However, the times have now changed, with Dimon sharing his new stance, stating how he believes blockchain tech has the power to change the world. In his latest interview with Fox News, Dimon shared how he believes that blockchain tech is real while praising its effectiveness and speed. Dimon was also quick to add that the era of tokenization is also near, while applauding the blockchain tech in his latest video interview.

“JAMIE DIMON JUST STOPPED FIGHTING CRYPTO. On Fox News, JPMorgan’s CEO said blockchain is real, smart contracts are real, and the tech is getting faster and cheaper. This is the same Jamie Dimon who spent years publicly trashing crypto. He’s not hyping tokens, nor telling people to buy anything, but he is admitting the infrastructure works. When Wall Street’s biggest skeptic stops mocking and starts explaining, it usually means the argument is already over. 🤯” As shared by CryptosRUs

The internet was quick to draw a stark contrast, stating how Dimon, who once was considered a staunch cryptocurrency critic, has now turned towards blockchain due to its real-life smart usage and efficiency.

Experts Continue To Emphasize More On Tokenization

Experts like Tom Lee and Dimon have consistently emphasized how blockchain can be revolutionary as it looks forward to tokenizing real-life assets, including Wall Street. Moreover, the world is now looking forward to blockchain tech as a new financial frontier needed to make the domain faster and more transparent.

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  • blockchain
  • Jamie Dimon
  • JP Morgan
  • Tokenization