JPMorgan Launches Blockchain-Based Deposit Token JPM Coin for Institutional Transfers

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๐Ÿ“… Published: 2025-11-12 07:05 ๐Ÿ“ฐ Source: Yahoo ๐Ÿ“ Words: 51

๐Ÿ“ Article Content

JPMorgan has officially launched blockchain-based deposit token JPM Coin for institutional clients. The token represents dollar deposits at the bank, allowing users to send and receive money via Coinbaseโ€™s Base public blockchain.Naveen Mallela, global co-head of JPMorgan blockchain division Kinexys, told Bloomberg on Wednesday that the rollout will enable payments ...

๐Ÿ“„ Summary

JPMorgan has officially launched blockchain-based deposit token JPM Coin for institutional clients. The token represents dollar deposits at the bank, allowing users to send and receive money via Coinbaseโ€™s Base public blockchain.Naveen Mallela, global co-head of JPMorgan blockchain division Kinexys, told Bloomberg on Wednesday that the rollout will enable payments ...

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Created At: 2025-11-13 11:07:24
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Stock Mentions:

JPM - JPMorgan Chase & Co. Relevance: N/A
COIN - Coinbase Global Inc. Relevance: N/A