The Defiant

JPMorgan’s First DeFi Trade: Behind The Scenes

JPMorgan's First DeFi Trade

By: Camila Russo Loading...

Tyrone Lobban is the head of blockchain at JPMorgan’s Onyx business unit. In the craziness of the past couple weeks, it’s easy to overlook or forget good news and positive developments. JPMorgan recently made history by becoming the first major bank to execute a DeFi trade. The trade involved forex, government bonds, numerous parties, and it all happened on Polygon. In our conversation we will get into the details of the trade and discuss the implications of JPMorgan and TradFi using DeFi.

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