
We're delighted to see J.P. Morgan Payments bring JPM Coin to Ethereum. It builds on a clear trajectory: JPM Coin is already live on Base, J.P. Morgan Asset Management has tokenized money market funds on Ethereum, and the Kinexys platform itself is built on Ethereum Virtual Machine technology. J.P. Morgan Payments’ choice reflects what Ethereum uniquely offers institutions: unmatched liquidity depth, tokenized assets, applications, and security as the most proven public blockchain. It's a clear signal that institutional finance is moving onto public, verifiable infrastructure.
Ethereum Institutional @ethereuminsti
J.P. Morgan now has three tokenized products live on Ethereum mainnet.
→ JPMD, the USD deposit token, on Ethereum and Base
→ MONY, tokenized money market fund
→ JLTXX, tokenized money market fund
From the
@jpmorgan product announcement:
“Ethereum’s established depth of onchain liquidity and tokenized assets makes it a natural next public blockchain for JPM Coin. Institutional clients can now move money quickly, easily and securely on Ethereum in addition to Base, the Ethereum Layer 2 blockchain... JPM Coin joins a growing set of J.P. Morgan tokenized offerings on Ethereum...”
Ethereum is the home of onchain finance.