What to know:
- In a world where banks are the new wizards, JPMorgan’s Kinexys has cast its first spell on a public blockchain.
- Just this week, the bank decided to trademark a crypto platform named JPMD—because why not add another acronym to the mix?
Ah, the illustrious JPMorgan, a titan of finance, has unveiled its latest marvel: a permissioned USD deposit token, dubbed JPMD, on the illustrious Base, a layer 2 Ethereum network crafted by none other than Coinbase (COIN). Who knew finance could be so… trendy? 💸
Earlier this week, in a fit of creativity, the bank filed a trademark application for this crypto-focused platform, which promises to offer services like trading, exchange, transfer, and payment services for digital assets. Because, you know, the world was just waiting for another way to spend their digital pennies.
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2025-06-18 00:24