https://cointelegraph.com/news/jp-morgan-executes-first-defi-trade-on-public-blockchain
While the transaction wasn’t a crypto trade, it used the infrastructure developed by crypto firms: the Polygon blockchain, which makes transactions on the Ethereum blockchain cheaper, and a modified version of Aave, a major DeFi lending project.
MATIC, a utility and staking token within the Polygon blockchain ecosystem, rose over 18% to $0.985 after the announcements, accompanied by an uptick in daily trading volume.
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