JPMorgan, WisdomTree team up with Avalanche, Axelar, LayerZero on blockchain interoperability

Quick Take

  • JPMorgan’s Onyx teamed up with asset and wealth managers WisdomTree and Apollo, blockchain technology providers Avalanche, Oasis Pro, Provenance Blockchain and Biconomy, plus interoperability solutions LayerZero Labs and Axelar on a blockchain interoperability proof-of-concept for investment-portfolio management.
  • The project is designed to enable fund managers to tokenize, purchase and rebalance real-world asset positions across multiple blockchains.