Bank-issued, on-chain

JPM Coin (ticker JPMD) is J.P. Morgan's USD deposit token, issued by Kinexys Digital Payments. Live for institutional clients since 2025. Settles 24/7 in near-real-time on Base L2. Targets cross-currency liquidity, programmable payments, and treasury operations. Access restricted to JPM-onboarded institutional clients.

Programmable corporate-treasury deposit token in USD/GBP/EUR/HKD/SGD. Originally piloted in Hong Kong (Project Ensemble) and Luxembourg, extended to US corporate clients April 2026. First live cross-bank tokenized-deposit tx in EnsembleTX (Nov 2025). Designed to augment existing treasury infra; interoperable via ISO 20022.

Permissioned digital-asset platform for cross-border tokenized deposits and trade-finance settlement. Live in US, Singapore, Hong Kong, and the UK. 24/7 same-day cross-border USD settlement and automated trade-finance flows. Available to corporates with an existing Citi banking relationship.

USD tokenized deposit launched in 2025 in partnership with JPMorgan, leveraging JPM Kinexys infrastructure for cross-bank settlement. Live for institutional clients in the US. Targets the custody + securities-services franchise — tokenized deposit balances appear as a settlement leg for tokenized-asset trades on BNY's custody platform.

Australia's first bank-issued AUD-denominated tokenized deposit. Live since March 2022 with the first cross-bank AUD-stablecoin tx executed against Victor Smorgon Group. Issued on public Ethereum, redeemable 1:1 for AUD held at ANZ. One of the few bank-deposit tokens issued on a PUBLIC chain rather than a permissioned one.

Singapore-issued SGD tokenized deposit, in pilot under MAS Project Guardian. Settles on Partior, the JPM-DBS-Standard-Chartered-Temasek consortium chain. Targets cross-border same-day SGD/USD settlement for institutional clients. Pairs with MAS Global Layer One (GL1) experiments.