JP Morgan
Case Study
JP Morgan Slashes Costs and Simplifies Portfolio Management with
Provenance Blockchain
Through Project Guardian, Provenance Blockchain helped simplify complex workflows, improve performance, and eliminate thousands of manual steps.
0+
Manual steps removed
~0%
Decrease in portfolio management fees
$0B
Revenue opportunity identified
$0T
Market segment impacted
The Challenge
JP Morgan needed to overcome significant inefficiencies in managing institutional portfolios across multiple blockchains.
Over 3,000 manual steps
Required for portfolio management
Significant cash drag
Reduced returns and portfolio performance
Blockchain silos
Limited access to alternative assets
Time-consuming, manual work
Verifying and syncing data across systems
Cross-chain interoperability
Enabled through a secure Axelar bridge
Automated portfolio construction and rebalancing
With institutional-grade security across multiple blockchains
Real-time settlement
Reducing cash drag and boosting portfolio performance
Real-time settlement
Enhances capital efficiency
The Solution
As part of the Monetary Authority of Singapore's Project Guardian, JP Morgan implemented Provenance Blockchain to connect its Onyx Digital Assets platform with a private Provenance Blockchain zone.
Implementation Architecture
JP Morgan was able to connect Onyx Digital Assets with Provenance Blockchain using Axelar’s cross-chain interoperability. This setup enabled seamless portfolio management across multiple blockchains — without sacrificing security or control.
3,000+
Manual steps replaced with automation
20%
Reduction in portfolio management fees
$400 Billion
Revenue opportunity identified
2023
Proven by JPM's Onyx team
Key Benefits
Operational
Efficiency
Automated portfolio construction and rebalancing eliminated thousands of manual steps.
Lower
Cost
Faster, programmatic settlement led to ~20% reduction in portfolio management fees
Broader Asset
Access
Tokenized alternative assets could be easily added to portfolios, expanding client investment opportunities.
Future-Proof
Technology
Scalable model for transforming the $5.5 trillion portfolio management industry through blockchain interoperability.
Project Guardian
Learn more about how JP Morgan, through Project Guardian, is transforming the approach to portfolio management using blockchain.
Contact Us
Interested in tokenizing or have a question? Send us a message and we'll get back to you shortly. You can send us a message by filling out the adjacent form or by emailing us at: partnerships@provenance.io