JPMorgan Chase & Co (NYSE:JPM) is launching JPM Coin on the Canton Network, marking the deposit token’s second deployment on a permissionless blockchain after going live on Coinbase Global Inc’s (NASDAQ:COIN) Base network in November 2025.

Canton Brings Goldman, BNP Paribas, Deutsche Börse

Canton, developed by blockchain infrastructure firm Digital Asset, is backed by Goldman Sachs Group Inc. (NYSE:GS), BNP Paribas SA (OTC:BNPQY), Deutsche Börse Group, BNY Mellon (NYSE:BK), and other major financial players, The Block reported on Wednesday.

The network offers “configurable privacy” for regulatory and operational needs, allowing institutions to transact on public blockchain…

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