JPMorgan · Coinbase · Ethereum · Wall Street · CryptoSlate
JPMorgan drops JPM Coin on Ethereum with zero retail access
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
JPMorgan made its JPM Coin deposit token available on Ethereum on Oct. 19, giving its institutional clients another public-blockchain route to send and receive dollar deposits.
Key facts
- In November 2025, JPM Coin became available to institutional clients on Base on November 12, after the proof of concept had begun in June 2025
- JPMorgan Asset Management launched Their OnChain Net Yield Fund, or MONY, on Ethereum on Dec. 15, 2025
- The JPMorgan OnChain Liquidity-Token Money Market Fund, or JLT, followed on May 13, 2026
- The October launch adds the Layer 1 network itself, extending the deposit token's reach within the Ethereum ecosystem
Summary
01 JPMorgan launched JPM Coin on Ethereum for institutional clients, adding another network for peer-to-peer dollar deposit transfers. 02 The deposit token joins JPMorgan's existing Ethereum money market funds, putting payments and investment products on the same network. 03 The October announcement does not specify JPMD fund subscriptions or redemptions, while programmable treasury remains a potential use. JPMorgan says the expansion puts native cash on the network where institutions already transact with tokenized assets, collateral and counterparties.