Ethereum · Wall Street · 99Bitcoins
JPMD Reaches Base for Institutional On-Chain Cash
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
The biggest Ethereum news of the day comes from Wall Street, not from a developer call.
Key facts
- On the daily chart, ETH sits between its 50-day exponential moving average (EMA) at $2,483.81 and its 200-day EMA at $2,314.14
- ETH trades at $2,423, up 0.14% over 24 hours but down 4.94% on the week, and the Ethereum news barely registered on the chart
- For context, Kinexys says it has processed more than $4 trillion since launch and averages about $7 billion a day
- In January, Digital Asset and Kinexys said JPMD would also come natively to the Canton Network during 2026
Summary
Access stays the same. JPMD extends from Base to Ethereum L1, giving institutional clients native onchain cash that sits alongside the assets, collateral and counterparties they transact with already. J.P. Morgan has now… pic.twitter.com/fNYAGoT3Pb. — Ethereum Institutional October 19, 2026.