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JPMorgan Brings JPM Coin to Ethereum for Tokenized Settlement

JPMorgan Brings JPM Coin to Ethereum for Tokenized Settlement

Photo: ETHNews

JPMD could provide the cash leg for tokenized securities transactions. Ethereum mainnet joins Base in JPMorgan’s blockchain expansion. Institutional users can transfer tokenized dollar deposits around the clock. Permissioned access limits direct use in public DeFi markets. Tokenized securities have a settlement problem. Investment products can be issued and transferred on public blockchains, but the money used to purchase them frequently moves through conventional banking systems. JPMorgan Chase’s latest expansion could help close that gap. According to Bloomberg’s October 19, 2026 reporting , the largest U.S. bank is extending JPM Coin, its dollar-denominated deposit token, to Ethereum mainnet.

Source: ETHNews

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