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Digital Asset, J.P. Morgan to Launch JPM Coin on Canton Network

Digital Asset, J.P. Morgan to Launch JPM Coin on Canton Network

Author:

Global Cryptocurrency

Published:

2026-01-08 08:25:02

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BTCCSquare news:

Digital Asset and Kinexys by J.P. Morgan announced plans to integrate JPM Coin natively into the Canton Network, a privacy-focused blockchain for institutional markets. The MOVE will enable near-instant issuance, transfer, and redemption of JPMD, J.P. Morgan's USD deposit token, within Canton's synchronized ecosystem.

"This collaboration modernizes financial infrastructure by combining bank-issued deposits with 24/7 blockchain transactions," said Naveen Mallela of Kinexys. The phased integration, set to complete by 2026, begins with technical frameworks for token operations and may expand to include other J.P. Morgan digital payment products.

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