JPMorgan Chase is expanding its dollar deposit token, JPM Coin (JPMD), to the Ethereum blockchain, giving institutional clients another network for moving money and settling transactions around the clock. Kinexys, JPMorgan’s private blockchain network, said on October 19 that Ethereum was a natural next step because of its established on-chain
JPMorgan is planning to widen its blockchain payment infrastructure by taking its JPM Coin deposit token to various blockchain networks. The expansion is set to be initiated with the Canton Network. After this, other platforms will be the target, as the firm targets making an interoperable digital money system. JPM
JPMorgan Chase just filed a U.S. trademark for “JPMD,” a clear sign the bank is doubling down on its blockchain and crypto push and it might be laying the groundwork for a stablecoin launch down the line. JPMorgan’s latest trademark filing, dropped on June 15 with the U.S. Patent and
