SignalCrypto
JPMorgan Takes JPM Coin To Ethereum For Institutional Clients: Report
JPMorgan expanding JPM Coin to Ethereum for institutional clients signals major bank crypto adoption.
Context
What happened: JPMorgan Chase is expanding its JPM Coin deposit token to Ethereum, and a spokesperson said it has been technically deployed on the Ethereum mainnet.
Why it matters: JPM Coin stays restricted to approved institutional participants. Emma Landriault cited Ethereum's liquidity and existing client use as reasons for the choice. The move follows the November 2025 rollout on Base.
Key numbers: November 2025 rollout on Base; January announcement of plans for the Canton Network.
Coverage: 5 outlets in 24h
What changed
JPMorgan Chase is expanding its JPM Coin deposit token to Ethereum, and a spokesperson said it has been technically deployed on the Ethereum mainnet.
Why it matters
JPM Coin stays restricted to approved institutional participants. Emma Landriault cited Ethereum's liquidity and existing client use as reasons for the choice. The move follows the November 2025 rollout on Base.
Key numbers: November 2025 rollout on Base; January announcement of plans for the Canton Network.