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JPMorgan Is Launching JPM Coin on the Rising Canton Network
Yahoo Finance· 2026-01-07 18:33
JPMorgan’s Kinexys blockchain unit announced plans Wednesday to launch its JPM Coin on Canton Network, the rising privacy-enabled network designed for financial markets. The firm is working with Digital Asset, the company behind Canton, to expand the token’s reach. Initially launched on Base, the Coinbase-incubated Ethereum layer-2 scaling network, JPM Coin (ticker: JPMD) is a bank-issued, USD-denominated deposit token that lets institutional clients make payments using a digital representation of JPMorgan ...
JPMorgan to issue its JPM deposit token directly on privacy-focused Canton Network
Yahoo Finance· 2026-01-07 18:21
J.P. Morgan’s blockchain business unit, Kinexys, and Digital Asset announced plans to bring the bank‑issued USD deposit token JPM Coin (JPMD) natively to the Canton Network, a privacy‑enabled public blockchain for synchronized financial markets. The move signals a growing institutional shift toward real‑time, interoperable digital money that can settle alongside tokenized assets and smart contracts, the companies said on Wednesday. Major market infrastructure provider the Depository Trust & Clearing Corpo ...
JPMorgan Launches JPM Coin On Canton Network Backed By Goldman Sachs, BNP Paribas - JPMorgan Chase (NYSE:JPM)
Benzinga· 2026-01-07 16:52
JPMorgan Chase & Co (NYSE:JPM) is launching JPM Coin on the Canton Network, marking the deposit token’s second deployment on a permissionless blockchain after going live on Coinbase Global Inc’s (NASDAQ:COIN) Base network in November 2025.Canton Brings Goldman, BNP Paribas, Deutsche BörseCanton, developed by blockchain infrastructure firm Digital Asset, is backed by Goldman Sachs Group Inc. (NYSE:GS) , BNP Paribas SA (OTC:BNPQY) , Deutsche Börse Group, BNY Mellon (NYSE:BK) , and other major financial player ...
JPMorgan Deploys JPM Coin on Canton Network, Extending Blockchain Strategy
Yahoo Finance· 2026-01-07 15:38
JPMorgan’s blockchain division Kinexys and Digital Asset announced plans on Jan. 7 to launch the JPM Coin deposit token directly on the Canton Network. This marks the bank’s second public blockchain expansion after its Base network launch in November 2025. The deployment will proceed in phases throughout 2026. Initial work focuses on technical and business frameworks to support issuance, transfer, and near-instant redemption of JPM Coin directly on Canton, according to the joint announcement. The colla ...
JPMorgan’s Kinexys Expands Digital Payments Push With Canton Network Partnership
Yahoo Finance· 2026-01-07 13:03
JPMorgan Chase’s blockchain unit Kinexys has announced on Tuesday it plans to bring its deposit token JPM Coin (JPMD) natively onto the Canton Network. The collaboration, unveiled in early 2026 alongside Digital Asset aims to allow the issuance, transfer and redemption of JPM Coin directly on Canton’s blockchain infrastructure. The move reflects growing institutional demand for faster, more secure money movement on public blockchain rails without sacrificing compliance or confidentiality. Regulated Dig ...