Top manager JPMorgan: "Client demand for cryptocurrencies has fallen a lot" - Bits Media

The head of the payment unit of the JPMorgan investment bank Takis Georgakopulos said, that over the past six months, the demand of customers for cryptocurrencies has sharply decreased.

In an interview with Bloomberg Television Takis Georgakopulos (Takis Georgakopoulos) reported, what another six months back among the bank customers, there was a great interest in digital assets, And now it is noticeably fading away. However, the bank will continue to support the owners of accounts, Using crypto assets, said Georgakopulos.

More likely, This situation is related to the fall of the cryptocurrency market, which dragged on for several months. More has disappeared from the market $2 trillion, And now its total capitalization has about $937 billion. Famous companies, working with digital assets, were on the verge of bankruptcy. So, In July, Celsius and Voyager Digital cryptocreditors have submitted bankruptcy statement due to lack of liquidity.

Nonetheless, Georgakopulos is optimistic in relation to tokenized assets. Recently, JPMorgan has become one of the key sponsors of the London cryptocurrency startup Ownera, And in May, the bank giant began to test the blockchain for settlements on providing loans.

Georgakopoulos noted, that cryptocurrencies are becoming more and more popular in the gaming industry. Web3 sector and metavselnaya are of particular interest to the bank, Therefore, JPMorgan attracts specialists, which will promote bank products in virtual reality.

At the end of August, JPMorgan investment David Kelly (David Kelly) Recommended investors to focus not on cryptocurrencies, and on promotions and long -term bonds, The economic situation is not stabilized yet.