Why did J.P. Morgan abandon Quorum (open source blockchain platform) and sell it to ConSenSys?

In my personal opinion the JPM did not abandon quorum and it did not sell it to Consensys.

My understanding is that Originally Quorum was a smart contract and token on the Ethereum main net.

As they realized that public Ethereum is congested with all kinds of transactions, JPM switched to a private Ethereum blockchain and let Consensys to manage it on their behalf.

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