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JPMorgan Chase, base

Fortune on MSN · 25m

JPMorgan Chase partners with Coinbase to launch deposit token for institutional clients

The token will be used to settle transfers around the clock and make cross-border business-to-business payments on Base, Naveen Mallela, global co-head of JPMorgan Chase’s blockchain division, Kinexys, told Fortune. “We have always believed in having a token-based solution on public blockchains,” he said.

FinTech Magazine · 12h

JPMorgan Launches Deposit Token JPMD on Coinbase Blockchain

The JPMD launch extends JPMorgan's blockchain activities beyond its internal systems. The bank operates Kinexys Digital Payments, formerly JPM Coin, which processes over US$2bn in daily transactions for corporate clients moving dollars, euros and pounds between accounts.

Cryptopolitan on MSN · 1d

JPMorgan Chase has officially revealed plans to launch its JPMD tokens on Base

JP Morgan Chase announced it would soon transfer a new pilot token, JPMD, to Coinbase, using the public Base chain. The token will be permissioned and for now restricted to the bank's clients.

CCN on MSN2h

What Is JPMorgan’s JPMD and Why It Matters (Hint: It’s Not a Stablecoin)

JPMorgan’s JPMD represents tokenized bank deposits, backed by fractional reserves and issued under strict regulatory ...

1h

Coinbase stock surges 16% on a fresh wave of momentum from landmark crypto bill

Coinbase and other crypto-linked stocks surged a day after the Senate voted to pass the GENIUS Act, a landmark bill creating ...

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