JP Morgan Rolls Out JPM Coin Token To Institutional Clients Via Coinbase's Blockchain - Citigroup (NYSE:C), Coinbase Global (NASDAQ:COIN)
Benzinga·2025-11-12 14:26
JPMorgan Chase & Co. (NYSE:JPM) has started rolling out a deposit token called JPM Coin to its institutional clients, according to a report, as banks continue to broaden their involvement in digital assets.The token, which represents dollar deposits at the world's largest bank, allows users to send and receive money via Coinbase‘s (NASDAQ:COIN) public blockchain Base, Naveen Mallela, global co-head of JPMorgan’s blockchain division Kinexys, told Bloomberg in an interview.Months Of Trial The launch follows a ...