ChainCatcher news, according to market news, OpenAI has established a $4 billion revolving credit facility with JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, Santander Bank, Wells Fargo, Sumitomo Mitsui Banking Corporation, UBS, and HSBC.

ChainCatcher news, JPMorgan's blockchain division Onyx is collaborating with fintech company Broadridge to introduce the Web3 payment system JPM Coin to one of Broadridge's repurchase platforms.As part of the deal, Onyx's JPM Coin will serve as the settlement mechanism for Broadridge's distributed ledger repurchase platform, which utilizes blockchain technology to provide intraday, overnight, and term repurchase services. JPM Coin settlement is set to launch in June of this year.

ChainCatcher news, according to a report by The Wall Street Journal citing informed sources, large banks including JPMorgan and PNC Financial Services Group are competing to acquire First Republic Bank, with the transaction expected to take place after the government takes over the troubled bank.Informed sources indicate that First Republic Bank could be seized and sold as early as this weekend. (Source link)

ChainCatcher message, in response to media reports that "JPMorgan terminates banking relationship with Gemini," Gemini responded on their official Twitter: contrary to the reports, Gemini still maintains a banking relationship with JPMorgan. (Source link)

ChainCatcher news, according to a source, JPMorgan will end its partnership with the cryptocurrency exchange Gemini and will no longer provide banking services to Gemini. As early as the beginning of 2020, JPMorgan had considered Gemini and the publicly listed exchange Coinbase as clients. Additionally, a spokesperson for the San Francisco-based exchange confirmed that Coinbase's banking relationship with JPMorgan remains intact. (Reuters)

ChainCatcher news, according to the WSJ, Wells Fargo, Bank of America, JPMorgan Chase, and four other banks are collaborating to develop a digital wallet that allows shoppers to pay at merchants' online checkout using wallets linked to debit and credit cards. The digital wallet will be managed by Early Warning Services LLC, which operates the remittance service Zelle. (Source link)

According to Chain Catcher news and reported by CoinDesk, the security tokenization infrastructure company Ownera has completed a $20 million Series A funding round, with participation from JPMorgan, LRC Group, Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group, and Archax.It is reported that Ownera is developed based on the open-source protocol FINP2 P, supporting any type of security tokenization engine on any public or private blockchain as well as traditional ledgers. Clients can access a unified digital securities wallet, allowing users to invest, trade, and lend tokenized assets. (Source link)