JPorgan Chase is offering NFT to event attendees and up to 420 ETH per recipient.

Meanwhile, JP Morgan Chase enters the NFT industry.

The giant provided NFTs to attendees of the first “TradFi Investors’ Crypto Economy Forum ”event. Earlier this week, the event took place at the giant Wall Street headquarters in New York City.

According to OpenSea, no one has completed the NFT exchange, but one in 69 NFT subscribers have registered their NFTs for sale up to 420 ETH, or roughly US $ 1.8 million.

A staff member said, "It's interesting, not us, that this price has become the starting price for our free NFT."

Speakers included Sam Bankman-Fried, chairman of FTX Exchange, Emin Gun Sirer, founder of Ava Lab, and Brian Armstrong, CEO of Coinbase.

At the same time, Jamie Dimon, CEO of JP Morgan Chase, is still in awe of cryptocurrencies. Recently it has been said that cryptocurrencies have no value.

Despite Dimon's assumptions, the world called TradFi is moving towards financial sharing (DeFi), NFT and "Web 3" on alert. The private finance company looked at NFTs in its April report.

JPMorgan Chase's NFT was announced on Polygon, the second layer of the Ethereum network.

JPMorgan Chase isn't the first bank to announce NFT, Bank of America announced about a month ago.