FMP

FMP

JPMorgan Says Applications From Crypto Have Only Just Started

Kenneth Worthington, an analyst at JPMorgan, published a report regarding the crypto outlook for 2022, viewing crypto markets as increasingly relevant to financial services.

According to the report, the applications from crypto have only just begun, with Web3.0, greater use of NFTs tokenization being in the visible horizon for 2022. It views tokenization and fractionalization as significantly promising given the crypto transactions speeds becoming more competitive with trad-fi networks.

While the analyst sees 2021 as the year of non-fungible tokens, he believes 2022 may be the year of financial tokenization.