Summary: JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management’s CEO, talked about her firm’s approach to cryptocurrencies in an interview with Bloomberg Wealth, published Tuesday. “Blockchain technology … it’s very real ...

JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management’s CEO, talked about her firm’s approach to cryptocurrencies in an interview with Bloomberg Wealth, published Tuesday. “Blockchain technology … it’s very real and it’s changing all of the ways that we digitally interact in the different financial markets,” she opined.

By Amy Liu