<ul data-eligibleForWebStory="true"><li>Kinexys by J.P. Morgan plans to issue a permissioned USD deposit token, JPMD, on the Ethereum blockchain within Coinbase.</li><li>JPMD will offer institutional clients secure onchain money transfers with minimal delay and 24/7 settlement, reducing friction for efficient operations.</li><li>Deposit tokens like JPMD are becoming popular in traditional and decentralized finance for their liquidity and integration with banking systems.</li><li>The token will enable J.P. Morgan's clients to securely send and receive funds, enhancing the global digital payments ecosystem.</li><li>JPMD aims to bring trusted financial infrastructure to public blockchains, showcasing the synergy between traditional banking and blockchain innovation.</li></ul>

Kinexys by J.P. Morgan to Issue USD Deposit Token, JPMD

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