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Invesco Doubles Down on Crypto: Lures JP Morgan Heavyweight to Spearhead $1.6B Digital Asset Offensive
Invesco Doubles Down on Crypto: Lures JP Morgan Heavyweight to Spearhead $1.6B Digital Asset Offensive
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Wall Street's crypto arms race heats up as asset management titan Invesco poaches top JP Morgan talent to lead its billion-dollar digital charge.
The move signals institutional players are still betting big on blockchain—despite regulators' best efforts to scare them off.
Who needs Jamie Dimon's blessing when you've got $1.6 billion to deploy? The old guard's loss is crypto's gain as traditional finance veterans defect to the digital frontier.
One cynical take: Nothing accelerates innovation like watching your competitors eat your lunch—with your own silverware.
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