JPMorgan Launches Deposit Token JPM Coin on Ethereum for Institutional Clients
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JPMorgan Chase & Co. is launching its deposit token on Ethereum, extending the lender’s push into blockchain payments. This move comes as Wall Street grows more comfortable moving money on public networks.
The introduction of JPM Coin on Ethereum marks a significant step for JPMorgan in the evolving landscape of digital finance, catering specifically to institutional clients.
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“JPMorgan Chase & Co. is launching its deposit token on Ethereum, extending the lender’s push into blockchain payments as Wall Street grows more comfortable moving money on public networks.”
Bloomberg — JPMorgan Brings Deposit Token JPM Coin to Ethereum for Institutional Clients