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JPM blockchain creator says the project was going nowhere, JPMorgan wanted rid of it

While details regarding ConsenSys’ recent acquisition of Quorum are sparse, it was noted that while divesting Quorum, JPMorgan was making an investment in ConsenSys. Martino believes that the investment that the bank made was higher than the price tag of Quorum. He suggests that this might have been an easy way for JPMorgan to get rid of a business unit that was not going anywhere:

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Source: Cryptocurrency - investing.com

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