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JPMorgan’s blockchain unit co-head Mallela departing, Bloomberg reports

Naveen Mallela, JPMorgan’s (JPM) global co-head of blockchain unit Kinexys, is leaving after 11 years at the bank, Bloomberg’s Anna Irrera reports. Kinexys handled $5B transactions per day as of December, according to the report. A JPMorgan spokesperson confirmed the departure and said the bank plans to name a replacement soon.

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