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JPMorgan has appointed former Goldman Sachs executive Oliver Harris to lead the blockchain division Kinexys.
BlockBeats News, April 29 — JPMorgan has appointed former Goldman Sachs executive Oliver Harris to lead its blockchain division Kinexys. Harris will focus on the commercialization of Kinexys applications and strengthen collaborations with institutional clients. He previously served as CEO of Arda Global, Managing Director of Goldman Sachs’ Digital Assets Division in the Americas, and worked at JPMorgan for six years, leading the development of the Quorum blockchain platform.
The Kinexys blockchain payment network was launched in 2019 and processed $5 billion in transactions daily as of December last year. In November last year, JPMorgan began offering deposit tokens JPM Coin to institutional clients, enabling fund transfers and receipts via the Base blockchain.