Currency Economy

JPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square

Cryptocurrency (Mar 09, 2021 08:40PM ET)1JPMorgan launching 'crypto exposure basket' featuring MicroStrategy and Square

JPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square

JPMorgan Chase (NYSE:JPM) has designed a new debt instrument that provides investors direct exposure to a basket of crypto-focused companies, according to a new filing with the United States Securities and Exchange Commission, or SEC.

JPMorgan’s Cryptocurrency Exposure Basket (Mar 2021) is described as an “unequally weighted basket consisting of 11 Reference Stocks of U.S.-listed companies” that operate businesses directly and indirectly related to cryptocurrencies.

Continue Reading on Coin TelegraphJPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square1Comments (1)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s