JPMorgan to Launch JPM Coin on Canton Network in 2026
JPMorgan's blockchain unit Kinexys will issue JPM Coin directly on the Canton Network by 2026, marking a strategic expansion of institutional blockchain infrastructure. The partnership with Digital Asset enables real-time, compliant transfers while leveraging Canton's regulated ecosystem for settlement efficiency.
The integration targets liquidity management enhancements across capital markets. Kinexys plans to supplement JPM Coin with additional digital payment products like Blockchain Deposit Accounts, signaling broader adoption of blockchain-based treasury solutions.
Digital Asset CEO Yuval Rooz frames the development as bridging regulatory compliance with market velocity—'bringing regulated digital cash to the speed of markets.' The MOVE reflects growing institutional demand for blockchain-native financial instruments.