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JPMorgan to Issue Deposit Token 'JPMD' on Coinbase's Base Chain

2025/06/18 14:41 (Updated 2025/06/19 07:01)
CoinPost
Written by A.Yamada
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JPMorgan to Issue Deposit Token 'JPMD' on Coinbase's Base Chain

Permissioned Token 'JPMD' for Institutional Investors

JPMorgan Chase plans to issue a deposit token named 'JPMD' on the Ethereum (ETH) L2 chain 'Base', operated by major cryptocurrency exchange Coinbase, as reported by CNBC. Unlike many stablecoins that are publicly available, 'JPMD' is a 'permissioned token', accessible only to JPMorgan's institutional investor clients. Deposit tokens generally represent a digital version of a client's deposit claims against a bank, essentially digitizing the deposits held in accounts. The company announced this blockchain-based service on the 15th...

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Iolite Vol.16

Iolite Vol.16

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MAGAZINE

Iolite Vol.16

November 2025 issueReleased on 2025/09/30
Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.