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Farooq: JPMorgan's Onyx processes larger transactions than crypto blockchains

Umar Farooq · Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg) · Acquired · Sep 30, 2024 · at 1:09:17

Umar Farooq, Global Co-Head of JPMorgan Payments, highlights the scale of JPMorgan's Onyx financial blockchain unit at the Acquired live event.

0:00 / 0:09exact quote · 10.0s

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“We, within our Onyx business unit, have the largest financial blockchain life ecosystem on the planet. We do bigger transactions than any blockchain, including the crypto blockchains.”

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The claim, plainly

JPMorgan's Onyx business unit operates the largest live financial blockchain ecosystem and processes larger transactions than any other blockchain, including public crypto blockchains.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

How this resolves

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Mentioned

crypto blockchains JPMorgan Payments Onyx

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Farooq: JPMorgan's Onyx processes larger transactions than crypto blockchains

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