J.P. Morgan enters the vault curating business. JPMorgan Chase is the largest/most valuable bank in the world by market cap. Right out of the bat, JLTXX vault (denominated in USDC) is $700M, making J.P. Morgan the fifth-largest curator, bypassing @TelosConsilium and @upshift_fi. Vaulted strategy invests in U.S. Treasury bills, bonds and overnight repurchase agreements. @jpmorgan runs its vaults on its proprietary protocol from its Kinexys blockchain division (formerly known as Onyx). The vault runs on Ethereum and is denominated in USDC. Before, Kinexys was developing permissioned blockchains. J. P. Morgan's CEO, Jamie Dimon, is also known as a major antagonist of stablecoins, DeFi, crypto, and blockchain, and has not missed a chance to bash them. How the tables have turned. J.P. Morgan's vaults: - check for our technical details on the vault, strategy tearsheet and smart contract information. Curator ranking: