JPMorgan Chase announced on October 19, 2026, that it is expanding its US dollar deposit token, JPM Coin (JPMD), to the Ethereum public blockchain for eligible institutional clients

Banks, asset managers, corporations and pension funds moving into digital assets through custody launches, trading desks and treasury allocations.

The largest smart-contract blockchain and its native asset ETH, covering protocol upgrades, staking, fee economics and institutional adoption.

On October 19, 2026, JPMorgan announced plans to expand its JPM Coin dollar-deposit token to Ethereum for approved institutional clients. Access remains permissioned even though settlement uses a public blockchain.