U.S. banking giant JPMorgan (JPM) is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Back in early 2020, JPMorgan took on Gemini and U.S.-listed exchange Coinbase as customers, the Wall Street Journal reported. Coinbase's banking relationship with JPMorgan remains intact, a spokesperson for the San Francisco-based exchange confirmed.
Singaporean bank DBS is the latest big bank to harness JPMorgan's blockchain-based fixed income trading network Onyx, becoming the first Asian bank to do so.
TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments”) has filed and been receipted for a preliminary prospectus by the Canadian securities regulators in connection with the proposed launch of the first yield-focused single-stock ETFs (as outlined below) (collectively, the “ETFs” or “Purpose Yield Shares”). ETF NamesUnderlying Issuer Security Apple (AAPL) Yield SharesApple Inc.Common stockAmazon (AMZ) Yield SharesAmazon.com Inc.Common stockTesla (TSLA) Yield