Hobson and Lucas open $1 billion narrative art museum in Los Angeles

  • Mellody Hobson and George Lucas opened the Lucas Museum of Narrative Art in Los Angeles.
  • The privately funded museum cost roughly $1 billion and opened on September 22.
  • JPMorgan’s Kinexys has processed more than $3 trillion since its inception.

Mellody Hobson and George Lucas opened the privately funded Lucas Museum of Narrative Art in Los Angeles on September 22, in a project costing roughly $1 billion. Hobson co-chairs the museum’s board while co-running Ariel Investments and serving on JPMorgan Chase’s board and risk committee. The bank’s digital-asset operations include Kinexys, which has processed more than $3 trillion since inception and now handles over $5 billion in daily volume. JPMorgan also opened its JPM Coin deposit token, JPMD, to institutional clients on Base, an Ethereum layer-2 network built by Coinbase. The museum’s collection emphasizes storytelling, combining works by Frida Kahlo and Norman Rockwell with Star Wars props, while its fifth-floor murals gallery includes two walls of Banksy works alongside pieces by Diego Rivera, Judith Baca and JR.

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