Update: JPMorgan Expands JPM Coin to Ethereum for Institutional Clients

07:12 AM EDT, 10/19/2026 (MT Newswires) -- (Updates attribution and includes additional details from JPMorgan's press release throughout.) JPMorgan Chase (JPM) said Monday it is making its JPM Coin deposit token available to institutional clients on the Ethereum blockchain. The token, launched in November 2025, allows institutional clients to transfer dollar deposits between wallets within Ethereum-compatible blockchain networks. JPMorgan said the expansion is intended to support faster payments and settlement for digital asset transactions. JPM Coin is part of Kinexys, JPMorgan's blockchain business. The platform has processed more than $4 trillion in cumulative transactions since inception, with average daily volume of $7 billion, JPMorgan said.