JPMorgan Expands JPM Coin Deposit Tokens to Ethereum Mainnet for Institutional Clients

JPMorgan Chase is extending its institutional deposit token, JPM Coin, to the public Ethereum mainnet. The expansion enables round-the-clock, continuous fund transfers, collateral management, and tokenized asset trade settlements outside traditional banking hours and multi-day legacy clearing windows. JPM Coin directly represents U.S. dollar deposits held by institutional clients at the bank and settles transactions near-instantaneously. The integration marks the second public blockchain deployment for JPM Coin, following its initial launch on Coinbase's Base network in 2025.