According to Jinse Finance, The Wall Street Journal reported that JPMorgan has completed a tokenization pilot of a private equity fund on its proprietary blockchain network, marking an important step in advancing blockchain financial infrastructure for the bank. The project aims to achieve on-chain representation and settlement of fund shares to enhance liquidity and transparency. JPMorgan stated that it plans to officially launch an "Alternative Investment Fund Tokenization Platform" in 2026, providing institutional clients with on-chain issuance and trading services for private equity, credit, and other non-public market assets.