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JPMorgan to take deposits to blockchain with JPMD token

JPMD will be available on Coinbase’s blockchain network

Vaidik TrivedibyVaidik Trivedi
June 24, 2025
in Crypto
Reading Time: 2 mins read
0
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JPMorgan Chase is getting deeper into blockchain technology, enabling payments on public blockchain networks for institutional clients. The bank’s “JPMD,” or JPMorgan Dollar, token is a deposit product designed for compatibility with existing financial infrastructure and will be treated like other bank deposits, including potentially being eligible for deposit insurance, Naveen Mallela, global co-head of […]

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