JPMorgan chose Base for its JPMD token due to its decentralized governance via Security Council and fast, low-cost transaction capabilities

Claim

Quotes that support claims

JPMorgan’s JPMD token launch particularly represents the banking giant’s biggest step into public blockchain technology, enabling institutional clients to move money quickly and securely on-chain 24/7.
Base has emerged as a preferred blockchain for institutional adoption, with JPMorgan selecting the Layer-2 network for its JPMD token due to its partially decentralized structure and Security Council governance.