JPMorgan CEO Acknowledges Cryptocurrency as 'Real Technology'

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author: CryptoNews

date: October 30, 2025

1 min. read

JPMorgan Chase CEO Jamie Dimon, a known cryptocurrency skeptic, has acknowledged that blockchain and stablecoins are "real technologies." This admission, reported by CryptoBriefing, highlights the potential for these technologies to facilitate more efficient transactions. Despite his reservations about cryptocurrencies themselves, Dimon's recognition of the underlying technology marks a significant shift. It acknowledges the practical applications of blockchain in finance and beyond. This acknowledgment comes on the heels of JPMorgan's own forays into blockchain. As cryptonewsterminal reported, the company successfully tokenized private equity funds using its proprietary blockchain platform, Kinexys Fund Flow. This initiative demonstrates JPMorgan's belief in the power of blockchain to streamline financial processes, even as Dimon remains cautious about digital currencies. The tokenization allows for fractional ownership and easier trading of these traditionally illiquid assets. ```