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BTCC / BTCC Square / Global Cryptocurrency /
JPMorgan Launches JPM Coin for Real-Time Institutional Settlements

JPMorgan Launches JPM Coin for Real-Time Institutional Settlements

Author:
Global Cryptocurrency
Published:
2025-11-12 12:52:02
9
3
BTCCSquare news:

JPMorgan Chase has officially introduced JPM Coin (JPMD), a blockchain-based deposit token tailored for institutional clients. The MOVE signals growing institutional adoption of blockchain technology for settlement efficiency.

Naveen Mallela, co-head of JPMorgan's blockchain unit Kinexys, confirmed the launch to Bloomberg. The token represents U.S. dollars held at JPMorgan, enabling instant transfers between institutional accounts.

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