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EthereumcryptoJPMorganvaluation
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Related tickers and likely impact
ETH/USDT
▲ Likely positiveEthereum
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/18/2026 | 2,410.31 |
| Change that session | +0.31% |
JPM
• NeutralJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/16/2026 | 339.67 |
| Change that session | +1.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- JPMorgan brings JPM Coin to Ethereum
JPMorgan is extending its JPM Coin beyond Coinbase's Base network to the Ethereum blockchain, citing Ethereum's deeper liquidity and institutional user base. The largest U.S. bank already moves more than $7 billion a day on its private Kinexys network.
- JPMorgan takes JPM Coin to Ethereum for institutional clients: Report
JPMorgan is reportedly expanding its JPM Coin deposit token to Ethereum, allowing eligible institutional clients to make payments and settle tokenized asset transactions, Bloomberg reported on Monday. JPM Coin represents US dollar deposits held at JPMorgan and lets clients transfer funds within seconds, around the clock. Emma Landriault, global head of Kinexys Labs, said crypto companies could use the token for blockchain payments, while financial institutions could use it to settle trades and post collateral. JPMorgan chose Ethereum for its liquidity and existing client use, and although the tokens are issued on public networks, JPM Coin remains restricted to approved institutional participants. The move follows the November 2025 rollout on Base, an Ethereum layer-2 network built by Coinbase, and a plan to bring JPM Coin to the Canton Network announced in January.
- JPMorgan Expands Access To JPM Coin Among Institutional Investors
JPMorgan Chase (NYSE: $JPM), the largest U.S. bank, is expanding institutional access to JPM Coin, its year-old crypto token, by bringing it to the Ethereum network. The token is currently available only on Base, the Layer-2 blockchain run by Coinbase, and JPMorgan says Ethereum offers more liquidity and wide use by institutions, though no launch date has been set. JPM Coin represents dollar deposits at the bank and can help institutional clients make blockchain payments, settle trades or back tokenized assets. JPMorgan's Kinexys network already handles more than $7 billion a day in payments, and the bank plans a shared network for tokenized U.S. deposits with a dozen other banks. JPM stock is up 12% over the last year, trading at $337.97 per share.
- October Calendar Sets Dates for Fed Meeting , Ethereum Testnet and Deribit Expiry
The Federal Reserve, Ethereum Foundation and Deribit have scheduled three events between October 26 and 30. Ethereum's Glamsterdam upgrade is set to activate on the Hoodi testnet at 1:42:48 p.m. ET (17:42:48 UTC) on October 26, raising its gas limit to 200 million; it already activated on Sepolia on October 6, but no mainnet date has been set. The FOMC is scheduled to meet October 27-28, with a press conference at 2:30 p.m. ET, and the federal funds target range currently sits at 3.75%-4.00% after a 25-basis-point increase on September 17. Deribit's monthly BTC and ETH options expire October 30 at 4 a.m. ET (08:00 UTC), with inverse-option delivery prices based on a time-weighted average of its index over the final 30 minutes.
- JPMorgan Picks Ethereum for JPM Coin, Citing the Network’s Liquidity and Client Use
JPMorgan is launching JPM Coin, its dollar deposit token, on Ethereum and will offer it to institutional clients there, as announced Monday and reported by Bloomberg. Emma Landriault, global head of Kinexys Labs, said Ethereum's liquidity and the fact that the bank's clients already use it drove the choice. The token targets large crypto firms that pay onchain and financial institutions active in tokenized assets, which can use it as onchain cash to settle trades or as collateral. JPM Coin debuted last year on Base, and it lets clients move dollars in seconds at any hour, whereas a transfer can otherwise take several days. JPMorgan's private Kinexys network already handles daily volume above $7 billion, the bank's payments arm handles around $12 trillion in daily payments, and Open Standard launched its OUSD stablecoin on Ethereum, Solana, Base and Tempo last month.
- JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg
JPMorgan will make JPM Coin, a token representing its dollar deposits, available to institutional clients on Ethereum, according to Bloomberg. The bank says Ethereum's liquidity makes it attractive to crypto companies seeking blockchain payments and to financial firms settling trades or backing tokenized assets. The move extends JPMorgan's blockchain work beyond Base and its private Kinexys network, which processes more than $7 billion daily. The bank did not say when the token will go live on Ethereum. Meanwhile, JPMorgan is among US banks planning a shared tokenized deposit network, but it was not on Swift's list of 17 banks preparing live transactions on its blockchain ledger in July.
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- Explainer - What behind Egypt move towards possible military involvement in Saudi - Yemen conflict ?
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- Social Security Trust Fund Depletion drives 3 . 6 % VA increase in 2027
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