JP Morgan dives deep into the metaverse and hires a specialist | bitcoinist.com

[ad_1]

The crypto industry has continued to win the hearts of top shooters in the financial industry; in particular, the Metaverse is attracting more key players. Many global central banks are now studying the CBDC and how to implement it. Moreover, major institutions in the industry have embraced cryptocurrencies in one way or another.

For example, JP Morgan Chase has become a force in crypto, fintech and the Metaverse. Therefore, the US investment bank is looking for experts in these sectors to increase its presence in the industry.

The bank is now aiming to add two experts to its team’s Vice President and Director of Payments Business Development within its West Coast Technology, Media and Telecom Payments team. This team will be in charge of the JP Morgan Fintech, Metaverse, crypto and Web 3 division.

JP Morgan Chase Job posting on Metaverse

The investment bank disclosed these positions on LinkedIn. According to the bank, the person must be dynamic and curious and can lead with enthusiasm and efficiency the various technological developments of the company.

Some of the requirements for new hires include the ability to guide operations, willingness to collaborate with industry regulators, and relevant technical knowledge. Additionally, the job will be proactive in engaging customers. They will also have the necessary skills to collaborate with many internal partners of the bank in order to develop solutions adapted to the needs of its customers.

Additionally, JP Morgan reiterated its need for entrants capable of making the company the leader in crypto, metaverse, fintech and crypto. The VP and manager must identify new payment opportunities in these areas and win them before others.

Moreover, they will help the bank’s clients move forward by analyzing and understanding their operational structure and crypto targets.

JP Morgan and the crypto relationship

Recall that the CEO of the bank, Jamie Dimon is an anti-bitcoin and has expressed his skepticism towards the crypto asset. That’s why everyone is surprised at this sudden move.

JP Morgan Chase hasn’t been very enthusiastic about adopting crypto. But he showed great interest in Metaverse. The bank released a report in early 2022 predicting that 3D virtual words could become a trillion-dollar market in the coming years.

The bank’s reluctance towards crypto is unsurprising, given that its top executives weren’t interested in it. For example, the bank’s chief strategist, David Kelly, advised crypto investors of the impending recession and volatility, saying they should dump their BTC holdings.

    JP Morgan dives deep into the metaverse and hires a specialist
Bitcoin is expected to rise l Source: BTCUSDT on TradingView.com

Additionally, CEO Jamie Dimon has always called bitcoin worthless. He even warned investors against adding it to their portfolios. The CEO made the same arguments eleven months ago, saying that BTC has no value but is gold for fools. Dimon then said he would prefer regulators to take action against it.

Featured image from Pexels, chart from TradingView.com

[ad_2]

Source link

Recent Articles

Terra Luna

Wolverine Coin

TABOO TOKEN

Crypto Heirloom

spot_img

Related Stories

Stay on op - Ge the daily news in your inbox

bitcoin
Bitcoin (BTC) $ 17,229.28
ethereum
Ethereum (ETH) $ 1,284.66
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 290.02
usd-coin
USD Coin (USDC) $ 1.00
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.392145
dogecoin
Dogecoin (DOGE) $ 0.098576
cardano
Cardano (ADA) $ 0.314967
matic-network
Polygon (MATIC) $ 0.926876
polkadot
Polkadot (DOT) $ 5.41
staked-ether
Lido Staked Ether (STETH) $ 1,269.60
litecoin
Litecoin (LTC) $ 78.21
shiba-inu
Shiba Inu (SHIB) $ 0.000009
okb
OKB (OKB) $ 20.86
dai
Dai (DAI) $ 1.00
solana
Solana (SOL) $ 13.74
tron
TRON (TRX) $ 0.054466
uniswap
Uniswap (UNI) $ 6.13
avalanche-2
Avalanche (AVAX) $ 13.44
leo-token
LEO Token (LEO) $ 3.78
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 17,206.31
chainlink
Chainlink (LINK) $ 7.00
cosmos
Cosmos Hub (ATOM) $ 9.87
the-open-network
Toncoin (TON) $ 1.83
monero
Monero (XMR) $ 147.15
ethereum-classic
Ethereum Classic (ETC) $ 19.29
stellar
Stellar (XLM) $ 0.085697
bitcoin-cash
Bitcoin Cash (BCH) $ 112.01
quant-network
Quant (QNT) $ 122.71
crypto-com-chain
Cronos (CRO) $ 0.064696
algorand
Algorand (ALGO) $ 0.225119
filecoin
Filecoin (FIL) $ 4.44
near
NEAR Protocol (NEAR) $ 1.72
apecoin
ApeCoin (APE) $ 3.93
vechain
VeChain (VET) $ 0.019058
hedera-hashgraph
Hedera (HBAR) $ 0.048197
internet-computer
Internet Computer (ICP) $ 4.28
eos
EOS (EOS) $ 1.03
elrond-erd-2
MultiversX (Elrond) (EGLD) $ 46.00
flow
Flow (FLOW) $ 1.04
trust-wallet-token
Trust Wallet (TWT) $ 2.58
terra-luna
Terra Luna Classic (LUNC) $ 0.000174
frax
Frax (FRAX) $ 1.00
axie-infinity
Axie Infinity (AXS) $ 8.22
the-sandbox
The Sandbox (SAND) $ 0.591454
tezos
Tezos (XTZ) $ 1.00
aave
Aave (AAVE) $ 63.05
chain-2
Chain (XCN) $ 0.041094
theta-token
Theta Network (THETA) $ 0.876935
huobi-token
Huobi (HT) $ 6.52
lido-dao
Lido DAO (LDO) $ 1.06
bitcoin-sv
Bitcoin SV (BSV) $ 43.36
chiliz
Chiliz (CHZ) $ 0.152866
true-usd
TrueUSD (TUSD) $ 1.00
paxos-standard
Pax Dollar (USDP) $ 1.00
decentraland
Decentraland (MANA) $ 0.3999
usdd
USDD (USDD) $ 0.97653
bittorrent
BitTorrent (BTT) $ 0.00000068322305
kucoin-shares
KuCoin (KCS) $ 6.59
pancakeswap-token
PancakeSwap (CAKE) $ 3.97
aptos
Aptos (APT) $ 4.89
fantom
Fantom (FTM) $ 0.237568
gemini-dollar
Gemini Dollar (GUSD) $ 1.00
zcash
Zcash (ZEC) $ 45.38
klay-token
Klaytn (KLAY) $ 0.192952
iota
IOTA (MIOTA) $ 0.209733
compound-usd-coin
cUSDC (CUSDC) $ 0.022715
tokenize-xchange
Tokenize Xchange (TKX) $ 7.17
whitebit
WhiteBIT Token (WBT) $ 4.76
ecash
eCash (XEC) $ 0.00003
maker
Maker (MKR) $ 620.07
gatechain-token
Gate (GT) $ 3.60
dash
Dash (DASH) $ 46.21
neo
NEO (NEO) $ 7.12
pax-gold
PAX Gold (PAXG) $ 1,790.51
radix
Radix (XRD) $ 0.047489
the-graph
The Graph (GRT) $ 0.063757
arweave
Arweave (AR) $ 9.15
osmosis
Osmosis (OSMO) $ 0.920423
havven
Synthetix Network (SNX) $ 1.88
gmx
GMX (GMX) $ 54.43
compound-ether
cETH (CETH) $ 25.79
frax-share
Frax Share (FXS) $ 6.11
curve-dao-token
Curve DAO (CRV) $ 0.661273
thorchain
THORChain (RUNE) $ 1.42
tether-gold
Tether Gold (XAUT) $ 1,727.63
mina-protocol
Mina Protocol (MINA) $ 0.554087
btse-token
BTSE Token (BTSE) $ 2.60
cdai
cDAI (CDAI) $ 0.022137
ethereum-pow-iou
EthereumPoW (ETHW) $ 3.72
rocket-pool
Rocket Pool (RPL) $ 20.16
nexo
NEXO (NEXO) $ 0.670621
blockstack
Stacks (STX) $ 0.272225
ethereum-name-service
Ethereum Name Service (ENS) $ 13.76
1inch
1inch (1INCH) $ 0.447826
basic-attention-token
Basic Attention (BAT) $ 0.227289
zilliqa
Zilliqa (ZIL) $ 0.022304
bitdao
BitDAO (BIT) $ 0.311446
immutable-x
ImmutableX (IMX) $ 0.445724