JPMorgan Brings Bank Deposits to Ethereum’s Tokenized Markets
Photo: Coindoo
Kinexys by JPMorgan announced the expansion on October 19 in a statement reported by The Block . The dollar-denominated token, which uses the ticker JPMD, launched on Base in November 2025. The bank cited Ethereum’s existing liquidity and tokenized assets as reasons for adding the network. Who can use it? JPM Coin is available to approved institutional counterparties. An Ethereum wallet alone does not provide access, and the expansion does not automatically make the token a payment option for every investment on the network.
Source: Coindoo
