JP Morgan Launches Proprietary JPM Coin for Institutional Clients
JP Morgan Launches Proprietary JPM Coin for Institutional Clients
Global investment bank JP Morgan has officially rolled out its JPM Coin, a deposit token specifically designed for institutional clients. This move signifies the increasing adoption of tokenized assets within traditional finance, aimed at streamlining operations for corporate entities.
JP Morgan Rolls Out JPM Coin
JP Morgan, a leading global investment bank, has announced the launch of its JPM Coin. This proprietary digital deposit token is intended for use by institutional clients, enabling instant value transfer and settlement. The initiative underscores JP Morgan's ongoing efforts to integrate digital ledger technology into its banking services, offering a more efficient and secure way for institutions to transact using tokenized deposits.