JPMorgan deposit token on Ethereum, money market fund on Solana
Original headlineJP모건 예금토큰 이더리움으로, 머니마켓펀드는 솔라나로
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JPMorgan Chase expanded its JPM Coin (JPMD) dollar deposit token to Ethereum on October 19, extending the institutional-only token beyond its earlier Base deployment in November 2025. The bank also broadened blockchain support for its tokenized money market fund to Solana (SOL), though neither announcement involved bitcoin (BTC) payments or purchases. The move matters because it puts JPMorgan's tokenized cash and fund products on the two largest public networks for institutional on-chain finance, deepening the bank's multi-chain strategy. What to watch next is whether JPMorgan adds further chains or brings additional fund products on-chain, and whether institutional usage of JPMD on Ethereum scales.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
JPMorgan Chase (JPM), JPM Coin, Ethereum (ETH), Solana (SOL), Base
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