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AvaCloud Selected to Participate in Kinexys by J.P. Morgan’s Project EPIC

Twitter icon  •  Published vor 2 Wochen  •  Hassan Maishera

On Thursday, the Avalanche Foundation announced via a blog post that Kinexys by J.P. Morgan (formerly known as Onyx by J.P. Morgan) has chosen Avalanche’s AvaCloud to participate in its EPIC project.

On Thursday, the Avalanche Foundation announced via a blog post that Kinexys by J.P. Morgan (formerly known as Onyx by J.P. Morgan) has chosen Avalanche’s AvaCloud to participate in its EPIC project. 

The highlighted use cases focused on the asset management industry for institutional investors, fund managers, and transfer agents. AvaCloud’s tooling demonstrated a range of tangible benefits and capabilities, reinforcing Avalanche’s position as a key player in institutional blockchain adoption.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 2.5% today and currently trades at $27.46 per coin.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.