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JPMorgan’s Quorum in Talks to Merge with ConsenSys

JPMorgan’s Quorum in Talks to Merge with ConsenSys

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FintechNews RoundupUSA
··1 min read

Reuters reports that Quorum is in discussions with ConsenSys on a potential merger according to people familiar with the plans; it is expected that the deal will be announced within the next six months; currently Quorum has 25 employees and it isn’t currently known whether they will join ConsenSys; JPMorgan Chase currently uses Quorum to run the Interbank Information Network which is a payments network which hosts 300 banks; previously JPMorgan noted they would also use Quorum to issue JPMorgan Coin; ConsenSys is a well known startup in the blockchain space but recently shared they were laying off 14% of their employees as it restructures, separating their software business from their venture business. Reuters

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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