JPMORGAN EXPANDS ‘JPM COIN' DEPOSIT TOKEN TO ETHEREUM

Summary from the TLDR Crypto newsletter

JPMorgan's Kinexys brought its USD deposit token JPM Coin (JPMD) to Ethereum for institutional clients. JPMD launched on Base in November 2025 and now supports peer-to-peer transfers across the EVM ecosystem, including Base and Ethereum. It represents existing JPMorgan bank deposits on a public chain. Kinexys says it has handled over $4T in cumulative transactions, averaging $7B a day. The bank launched a tokenized money-market fund on Ethereum in December and a second in May.