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Deployments · Kinexys Digital Payments · platform by J.P. Morgan

JPM Coin (JPMD) on the Canton Network

A plan by J.P. Morgan's Kinexys and Digital Asset to issue, transfer and redeem the JPMD US dollar deposit token natively on the Canton Network, its second public network after Base. The rollout is phased through 2026, with other Kinexys products such as blockchain deposit accounts to be explored later. No live issuance on Canton was found as of October 2026.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Announced since 7 Jan 2026[1] · Reviewed 24d ago

Assets
Bank deposit[1]
USD deposit token backed by J.P. Morgan deposits
Networks
Canton Network Public, permissioned[1]
Use cases
Primary issuance[1]Cross-border payments[2]
Jurisdictions
United States

Participants

Assets

Timeline

  1. Happened 7 Jan 2026 · Announcement · recorded 11 Oct 2026
    Digital Asset and Kinexys announce native JPMD issuance on Canton, phased through 2026.[1]

Sources

  1. [1]J.P. Morgan's Deposit Token to Be Issued Natively on Canton Network — Canton Network, 7 Jan 2026. Accessed 11 Oct 2026.B
  2. [2]JPMorgan brings JPM Coin to Canton, its second extension after launching on Base — The Block, 7 Jan 2026. Accessed 12 Oct 2026.C

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