JPMorgan Chase & Co (NYSE:JPM) is launching JPM Coin on the Canton Network, marking the deposit token’s second deployment on a permissionless blockchain after going live on Coinbase Global Inc’s (NASDAQ:COIN) Base network in November 2025.Canton Brings Goldman, BNP Paribas, Deutsche BörseCanton, developed by blockchain infrastructure firm Digital Asset, is backed by Goldman Sachs Group Inc. (NYSE:GS) , BNP Paribas SA (OTC:BNPQY) , Deutsche Börse Group, BNY Mellon (NYSE:BK) , and other major financial player ...

JPMorgan’s blockchain division Kinexys and Digital Asset announced plans on Jan. 7 to launch the JPM Coin deposit token directly on the Canton Network. This marks the bank’s second public blockchain expansion after its Base network launch in November 2025. The deployment will proceed in phases throughout 2026. Initial work focuses on technical and business frameworks to support issuance, transfer, and near-instant redemption of JPM Coin directly on Canton, according to the joint announcement. The colla ...