Pascal Gauthier, the CEO of the hardware crypto wallet Ledger, met Jamie Dimon, JP Morgan’s CEO.
Once a fierce critic of bitcoin, Dimon has softened more recently, calling defi “real” in his April letter to shareholders, stating:
“Decentralized finance and blockchain are real, new technologies that can be deployed in both public and private fashion, permissioned or not. JPMorgan Chase is at the forefront of this innovation.
We use a blockchain network called Liink to enable banks to share complex information, and we also use a blockchain to move tokenized U.S. dollar deposits with JPM Coin.
We believe there are many uses where a blockchain can replace or improve contracts, data ownership and other enhancements; for some purposes, however, it is currently too expensive or too slow to be deployed.”
Now perhaps he is trying to court some crypto businesses with Ledger valued at $1.5 billion.
It is not known why the two met however, nor is it clear whether a partnership or an acquisition is on the cards.
Source: https://www.trustnodes.com/2022/05/06/ledger-ceo-meets-jamie-dimon