Update
BlackRock, JPMorgan and Visa Bolster Grayscale’s Crypto Growth Case
Grayscale, a digital asset manager, highlighted tokenized funds and stablecoin payments as evidence that crypto is becoming embedded in mainstream finance. Its research chief, Zach Pandl, argued that institutional adoption should help sustain the industry's progress regardless of the U.S. midterm election outcome. BlackRock, JPMorgan, and Visa are embedding digital assets in mainstream finance, bolstering crypto's prospects. BlackRock introduced tokenized fund share classes on Ethereum through JPMorgan's blockchain business, and JPMorgan Chase expanded tokenized money market funds to Solana. Visa also reported expanding blockchain services.