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JPMorgan Takes JPM Coin to Ethereum for Institutional Clients: Report

Summary by BITRSS
JPMorgan is reportedly expanding its JPM Coin deposit token to Ethereum, allowing institutional clients to make payments and settle tokenized asset transactions.

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JPMorgan extended to Ethereum the scope of JPMD, its dollar deposit token for institutional customers. Initially launched at Base, the asset now supports peer transfers on both networks, according to the announcement by Kinexys by JPMorgan.

The largest American banking institution is expanding its presence on public blockchain networks.

JPMorgan brings its deposit token to Ethereum for institutional customers. The launch of JPM Coin on Ethereum was announced on October 19, 2026. The project extends a path started last year on Base. The goal are on-chain payments for large customers in the crypto sector and transactions with token assets. [...]

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Bloomberg broke the news in New York, United States on Monday, October 19, 2026.
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