HASHDEX: JPMorgan brought JPM Coin to Ethereum and stablecoins just got their final rulebook in the US
72/100·B+Long+3
n
news9h agonews
THE BLOCK: Bernstein is forecasting that prediction markets and tokenization will drive growth for crypto stocks as spot trading softens.
The firm cut Coinbase’s price target to $250 from $330, but raised Circle's to $145 from $140 and sees Robinhood’s prediction-market revenue overtaking its crypto revenue by 2028.
$COIN $CRCL $HOOD
72/100·B+Long+5
m
meme10h agomeme
Canton is the public, privacy-enabled Layer 1 built for regulated financial markets.
Many retail traders have not crossed paths with it yet because the activity onchain is institutional rather than speculative: over $300B in daily U.S. Treasury repo flows, tokenized money market funds, and collateral mobility across 800+ validators including DTCC, Goldman Sachs, Tradeweb, Citadel Securities, and BNP Paribas.
Every synchronized transaction across those applications pays network fees settled and burned in Canton Coin ($CC), which is why Canton ranks alongside Hyperliquid in real fee generation.
Architecture docs: docs.canton.network
Reply to @quinn0x4: Can someone please explain what Canton chain is?
It's 2nd in fee earnings behind Hyperliquid and I've never heard of it.(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), Coinbase reported basic and diluted EPS of -2.85, net loss of USD 0.754 billion, and revenue of USD 2.633 billion.
Consensus expectations: For fiscal 2026Q3 (event date 2026-10-29), consensus expects EPS of -0.2169 and revenue of USD 1.203 billion.)
72/100·B+Long+4
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news11h agonews
Eyes on the Market: At Cost Basis
BTC dropped below $80K on Saturday. BTC fell 1.98% to $80,386 after a low of $79,107, and ETH fell 2.64% to $2,344. Thursday’s selloff erased Wednesday’s run to $84,856.
Oil hit a six-month high. Brent closed Friday at $116.72, its highest close since April 29, as Gulf attacks reached Saudi energy infrastructure. Gold fell 4.31% to $4,004.
The Fed is priced to hold on Wednesday. Polymarket puts a hold on October 28 at 95%. October hike odds peaked at 48% after CPI on October 14 and now sit at 6%.
Treasury companies slowed down. Strategy bought 267 BTC and spent $193.1M buying back STRC ahead of its October 28 shareholder vote and MSCI’s November 11 list.
Liquidations hit both sides. Shorts lost $498.1M as BTC rallied into Wednesday, then longs lost $1.23B from Thursday to Saturday.
IBIT carried BTC ETF flows. BTC ETFs took in $301.2M. IBIT drew $565.7M while every other fund combined lost $264.5M. In October so far, IBIT sits at +$755.2M and the rest at -$1,068.7M.
ETH ETFs posted a fourth straight outflow week. They lost $220.7M this week and $1.22B since September 28, erasing 75% of the year’s inflows.
Oil Up, Everything Else Down
BTC opened Monday at $82,007 and closed Sunday at $80,386, down 1.98%. ETH fell 2.64% to $2,344. Total crypto market cap fell 2.73% to $2.77T.
BTC peaked at $84,856 on Wednesday and closed the day at $84,613, up 3.18% on the week, with ETH up 3.45% to $2,491. Thursday erased both gains as tanker attacks near Hormuz sent Brent higher and Big Tech sold off. From Wednesday’s close, BTC fell 4.08% and ETH 4.45%, while the Nasdaq Composite dropped 2.60%, its worst session since June. BTC fell 1.6 times as far as the Nasdaq that day. BTC broke below $80K on Saturday to a low of $79,107, under Glassnode’s estimated $80.2K average cost basis for ETF and treasury-company holders. It lost 1.14% from Friday to Sunday, and ETH lost 2.28% over the same stretch.
Equities fell with crypto, but by less. The S&P 500 was down 0.71% and the Nasdaq Composite 1.34% by Sunday on weekend futures, after closing Friday’s cash session down 0.97% and 1.67%. Brent peaked at $116.72 on Friday and finished the week up 4.93%. Gold fell 4.31% to $4,004.
Events of the Week
Oil hits a six-month high
Houthi attacks hit Saudi targets, including energy infrastructure, and about seven tankers were reported damaged near Hormuz by Thursday. On Wednesday the State Department ordered staff out of Saudi Arabia and cut staffing in Jordan, Lebanon, Qatar and the UAE. Brent closed Friday at $116.72, its highest close since April 29.
The 10-year fell from 5.13% to 4.96% on Thursday, its largest one-day drop since March 2023, then closed Friday back at 5.00%. The 20-year auction cleared at 5.469%, up from 5.420% at the prior auction.
A hold is expected
Polymarket puts a hold at the October 28 FOMC at 95%, with hike odds at 6%. They spent most of the month higher. September payrolls set a low starting point, at 29,000 against 90,000 expected, with unemployment up to 4.2%.
The October 14 CPI print then took hike odds from 22% to 48%, and they settled near 30% within a day. On October 15, PPI beat forecasts and odds still slipped, as New York Fed President John Williams said he had no reason yet to believe the Fed would need to do more. They fell to 13% after Warsh spoke at the IMF and World Bank meetings in Bangkok, where he declined to comment on the October 27–28 meeting and said only that the Fed will deliver price stability. December remains the most likely meeting for a hike, with odds sitting at 77%.
Treasury companies slow down
Strategy bought 267 BTC for $22.1M, spent $193.1M buying back STRC preferred shares, and raised its buyback authorization from $2B to $3B. The STRC shareholder vote is on October 28, and MSCI publishes its index decision on November 11. Strive bought 1,223 BTC for about $100M.
Elsewhere:
BlackRock filed for a buffered BTC ETF.
Franklin Templeton’s BTC dividend-reinvestment ETFs take effect October 27.
Standard Chartered agreed to acquire Zodia Custody.
Germany’s Sparkassen opened crypto trading.
Comment periods closed for the Fed’s GENIUS Act rules on October 19 and the SEC’s Regulation Crypto proposal on October 20.
Polymarket gives Democrats a 92% chance of winning the House and 66% for the Senate ahead of the November 3 midterms, which open the lame-duck window for any second attempt at CLARITY.
Volatility, Positioning and Leverage
BVIV fell 4.8% from 40.76 to 38.82 by Tuesday’s close as BTC rallied, the weekly low. It then rose with the selloff, and closed higher on every day - but Friday - adding about 2% on Thursday and finishing Sunday at 41.13, up 0.9% on the week and 6.0% off the low. That close is within a tenth of the October 14 high, the highest daily close of the past month. Over the month, BVIV is up 10.8% from about 36.9.
Aggregate futures open interest is $138.3B, against $140B last issue, down 1.2%. Coin-denominated BTC open interest has climbed from a low of 619K BTC on October 12 to 671K, still below its average for the year.
Liquidations hit both sides. As BTC rallied to Wednesday’s high, $498.1M of shorts were liquidated from Monday to Wednesday. The selloff then flushed longs. Daily liquidations doubled to an average of $504.2M from Thursday to Saturday, $1.51B in total, with longs taking $1.23B of it, 82%. Saturday’s break below $80K was the largest day at $547.2M.
BTC ETF Inflows Return as ETH Outflows Persist
BTC and ETH ETFs took in $80.5M combined. BTC carried the week, and ETH lost money for a fourth straight week.
BTC: +$301.2M. This week broke the outflow streak of the prior two weeks, but the net figure hides how volatile flows were. Monday to Wednesday brought $1.07B of inflows, then Thursday and Friday lost $774M. Thursday’s -$635.6M was the largest single-day outflow since June 25 (-$691.7M).
IBIT drove the inflow days. It took in $665.2M on Monday, its largest day of 2026 and its biggest since October 7, 2025, and finished the week at +$565.7M. Every other fund combined lost $264.5M. For October to date, IBIT has drawn +$755.2M while the rest of the complex has lost $1,068.7M. Year-to-date flows sit at +$656.3M, down from +$1,021M on September 25.
Our research on ETF flows found that IBIT’s flows predict price no better than the rest of the complex. On the 15 days IBIT took in big money while other funds sold - as it did Monday - BTC fell 0.86% on average over the next five days. Wednesday’s inflow landed on the week’s high and Thursday’s outflow on the same session as the selloff, which fits the broader finding that flows follow price.
The level to watch is about $79.6K, 7% below October 6’s close of $85.5K, the highest close of the past 20 days. Once BTC closes 7% below its 20-day high, ETF flows have historically flipped from +$74M a day to -$72M within a week. Saturday’s $79,107 low broke through that line intraday, but BTC closed Sunday about 0.7% above it. From Monday’s close, the line drops to about $78.1K as early October’s highs leave the window.
ETH: -$220.7M. This is the fourth consecutive outflow week. Since September 28, ETH ETFs have lost $1.22B, taking year-to-date flows from +$1,622M to +$400.5M. ETHA has not posted an inflow in 19 sessions: 15 outflow days, four flat, and -$1.04B in total. Across October, 14 of 17 sessions were outflows.
Key Events for the Week Ahead
Tuesday, October 27
US: FOMC convenes. Durable goods and Conference Board consumer confidence.
Israel: Knesset election.
Wednesday, October 28
US: FOMC decision, 2pm ET. A hold is priced at 95%, so the dissents matter more than the decision.
Canada: BoC decision, 9:45am ET. About 80% priced for a hike.
New Zealand: RBNZ decision.
UK: Autumn Budget.
Australia: Q3 CPI.
Strategy: STRC shareholder vote, 10am ET.
Thursday, October 29
US: Q3 GDP advance estimate and September PCE, 8:30am ET. Consensus is about 3.0% for GDP, 3.6% y/y for headline PCE and 3.1% y/y for core.
Euro area: ECB decision.
Coinbase and Strategy earnings, after the close.
Friday, October 30
Japan: BoJ decision.
Euro area: Q3 GDP, plus flash October CPI for Germany, France, Italy and Spain.(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), Coinbase reported basic and diluted EPS of -2.85, net income of USD -0.754 billion, and revenue of USD 2.633 billion.
Consensus expectations: For the upcoming 2026Q3 event on 2026-10-29, consensus EPS estimate is -0.2169 and revenue estimate is USD 1.203 billion.)
78/100·ALong+23
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meme11h agomeme
Premarket movers:
Mag 7 stocks are mostly higher: Meta Platforms (META) up +2.4% after announcing sale of up to $95 billion in common and preferred stock; Tesla (TSLA) gains 1.8% as Barclays upgrades to overweight from equal-weight, citing M&A opportunity with SpaceX; Alphabet (GOOGL) +0.5%, Amazon (AMZN) +0.2%, Microsoft (MSFT) +0.4%, Nvidia (NVDA) +0.4%, Apple (AAPL) -1.7%.
US-listed shares of Brazilian companies, and those exposed to the country, slump after President Luiz Inácio Lula da Silva surprised the markets to come from behind to win a runoff election. Among movers: PagSeguro (PAGS) -32%, NU Holdings (NU) -25%, MercadoLibre (MELI) -14%
ArriVent Biopharma (AVBP) is trading higher by 4.5% after early-stage data for the company’s ARR-217 product candidate was presented at ESMO, a key cancer conference.
Booz Allen Hamilton Holding Corp. (BAH) rises 0.9% as it is being upgraded to buy from hold at TD Cowen, which writes that shares of the IT services company look attractively valued in the wake of long-term share-price weakness.
Borr Drilling shares (BORR) drop 8.2% after the company said search and rescue operations are ongoing for five individuals who remain unaccounted for after its Prospector 5 drilling rig sank during jacking operations offshore Gabon on Oct. 24.
Coinbase Global Inc. shares (COIN) are down 1.7% as Bernstein cut its price target on the exchange to $250 from $330 on lower expected crypto volumes.
Equifax Inc. (EFX) falls 3.5% after it was cut to sector perform from outperform with RBC saying the the recent stock rally “off the lows has left risk/reward more balanced” given concerns on higher rates, regulatory overhand and consumer lending pressure.
Fair Isaac Corp. (FICO) falls 9.2% after it was cut to equal-weight from overweight at Wells Fargo, citing its lower-than-expected 2027 pricing announcement.
FirstEnergy Corp. shares (FE) rise 0.5% after BMO Capital Markets initiated coverage of the utilities company with a recommendation of outperform as it sees an attractive valuation.
Lockheed Martin Corp. shares (LMT) are up 1.4% after Morgan Stanley upgraded the defense company to overweight from equal-weight, writing that a recent deal for F-35 fighter jets “takes significant risk out of the stock.”
Moderna (MRNA) slumps 8.2%, set to extend their decline for a third session, after the drugmaker gave results from a trial of its experimental vaccine used in the treatment of pancreatic cancer.
Nutanix Inc. shares (NTNX) are up 5.3% after Guggenheim Securities started coverage on the infrastructure software company with a buy rating and $100 price target, seeing an ability for it to take market share.
Range Resources (RRC) rises 8.9% after EQT (EQT -8.1%) agreed to buy the energy firm in an all-stock transaction to create a combined natural gas company with a pro forma enterprise value over $50 billion.
Spotify Technology SA shares (SPOT) are down 1.4% after Phillip Securities downgraded the audio-streaming company to accumulate from buy, a move that comes in the wake of its recent results.
Xencor (XNCR) climbs 31% after the drug developer gave updated results from an early-stage trial of its experimental drug for kidney cancer that impressed Wall Street.
72/100·B+Long+27
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meme14h agomeme
@Ondo "Tokenization is officially mainstream.
Reply to @Ondo: Tokenization is officially mainstream.
From global banks to stock exchanges and central banks, the shift toward onchain financial markets continues to accelerate.
Latest tokenization news ↓
1️⃣ JPMorgan Brings JPM Coin to Ethereum
JPMorgan expanded its USD deposit token to Ethereum, enabling institutional clients to move tokenized bank deposits on public blockchain infrastructure.
https://www.jpmorgan.com/payments/newsroom/jpm-coin-live-on-ethereum
2️⃣ Tokenized Assets Reach $38.8B
A new report from the Association for Financial Markets in Europe shows tokenized assets reaching $38.8B, with digital bond issuance hitting a record €8.1B in 2026.
https://www.afme.eu/news-insights/press-releases/digital-bond-issuance-reaches-record-high-afme-report-finds/
3️⃣ Ondo Intelligent Portfolios Surpass $30M
Less than a month after launch, Ondo Intelligent Portfolios surpassed $30M in TVL, growing 46% in just one week.
https://ondo.finance/intelligent-portfolios
4️⃣ Boerse Stuttgart Secures Tokenized Securities License
Boerse Stuttgart received regulatory approval for Seturion, laying the foundation for a pan-European settlement platform supporting the trading and settlement of tokenized securities.
https://group.boerse-stuttgart.com/en/seturion-blog/boerse-stuttgart-group-obtains-dlt-tss-license-and-lays-regulatory-basis-for-seturion/
5️⃣ Malaysia's Central Bank Advances Tokenized Bonds
Bank Negara Malaysia launched new infrastructure for tokenized bonds and sukuk, supporting round-the-clock settlement in central bank money.
https://www.bnm.gov.my/-/ssdsplus
6️⃣ HSBC Launches Stablecoin for 3.3M+ PayMe Users
HSBC launched its first Hong Kong dollar stablecoin through PayMe, with access rolling out to more than 3.3 million users for everyday payments and transfers.
https://www.about.hsbc.com.hk/news-and-media/hsbc-redcoin-launches-today
72/100·B+Long+10
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news20h agonews
Recent developments in onchain markets:
1️⃣ JPMorgan expanded JPM Coin to Ethereum for institutional transfers of tokenized USD deposits
2️⃣ Binance added five more bStocks tokens as margin collateral for eligible users
3️⃣ OKX announced new tokenized-stock spot listings, scheduled to open on October 26–27
4️⃣ AFME’s latest report puts tokenized equities at $3.2B, up 357% compared with 2025
Deeper liquidity. Broader asset utility.
72/100·B+Long+6
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meme21h agomeme
@coinbureau The issuer pushback is part of the story too.
The tokenization that lasts will probably be built with companies and regulators, so holders know exactly what they own.
Reply to @coinbureau: A month ago, we warned that “MASS TOKENIZATION” was coming.
Today, it’s breaking records, and the numbers are getting hard to ignore.
Stocks. Bonds. Bank deposits. Investment funds.
The way we invest and move money is changing.
You could end up using blockchain without even knowing it.
What’s already changing:
Wall Street is going onchain, with the NYSE’s parent company and OKX originally proposing over 60 US stocks as tokens
Government debt is going onchain, with Hong Kong issuing a RECORD $2.6 BILLION digital bond and Luxembourg issuing €1.7 BILLION
Tokenized stocks and ETFs total $3.53 BILLION across 4.42 MILLION holder addresses, per RWA(.)xyz
Bank dollars are going onchain as JPMorgan expands JPM Coin to Ethereum for institutional clients
The pushback is also growing, with Microsoft, Alphabet, Goldman Sachs and Wells Fargo among 22 companies opposing tokens of their shares on the planned OKXICE venue
Investment funds are following, with Franklin Templeton’s Singapore fund reportedly adding roughly $150 MILLION in fund shares on the XRP Ledger
Trading hours are stretching, with Nasdaq targeting 23 hours of weekday trading from December 6
Britain is preparing its own digital government bond pilot, with six banks appointed to lead it
Most trades are fractional, with about 80% of tokenized stock trades in an IMF study smaller than one share
Buying a stock token does not necessarily make you a direct shareholder in the company
25/100·CNeutral+12
n
news10/25news
Tokenization is officially mainstream.
From global banks to stock exchanges and central banks, the shift toward onchain financial markets continues to accelerate.
Latest tokenization news ↓
1️⃣ JPMorgan Brings JPM Coin to Ethereum
JPMorgan expanded its USD deposit token to Ethereum, enabling institutional clients to move tokenized bank deposits on public blockchain infrastructure.
https://www.jpmorgan.com/payments/newsroom/jpm-coin-live-on-ethereum
2️⃣ Tokenized Assets Reach $38.8B
A new report from the Association for Financial Markets in Europe shows tokenized assets reaching $38.8B, with digital bond issuance hitting a record €8.1B in 2026.
https://www.afme.eu/news-insights/press-releases/digital-bond-issuance-reaches-record-high-afme-report-finds/
3️⃣ Ondo Intelligent Portfolios Surpass $30M
Less than a month after launch, Ondo Intelligent Portfolios surpassed $30M in TVL, growing 46% in just one week.
https://ondo.finance/intelligent-portfolios
4️⃣ Boerse Stuttgart Secures Tokenized Securities License
Boerse Stuttgart received regulatory approval for Seturion, laying the foundation for a pan-European settlement platform supporting the trading and settlement of tokenized securities.
https://group.boerse-stuttgart.com/en/seturion-blog/boerse-stuttgart-group-obtains-dlt-tss-license-and-lays-regulatory-basis-for-seturion/
5️⃣ Malaysia's Central Bank Advances Tokenized Bonds
Bank Negara Malaysia launched new infrastructure for tokenized bonds and sukuk, supporting round-the-clock settlement in central bank money.
https://www.bnm.gov.my/-/ssdsplus
6️⃣ HSBC Launches Stablecoin for 3.3M+ PayMe Users
HSBC launched its first Hong Kong dollar stablecoin through PayMe, with access rolling out to more than 3.3 million users for everyday payments and transfers.
https://www.about.hsbc.com.hk/news-and-media/hsbc-redcoin-launches-today
72/100·B+Long+11
n
news10/25news
$PENGU isnt a fast trade by any means but I still think it's a decent slow cook and I have a bag of it. It's still a coin that has a gigantic community + tons of products they are consistently shipping across many sectors. I think they're going to keep building and this is still a comfy hold
35/100·CLong
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news10/25news
$PLUME would love to see this be the local bottom for PLUME, 1 of my bags. PLUME still is working in a very relevant narrative in RWA and is still down 90% from its highs. Seems like a decent bet on a depressed coin when conditions pick up a bit imo https://t.co/QWQsfK8o3t
15/100·CNeutral+2
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meme10/25meme
Nearly 200 million digibyte:native is now locked as #DigiDollar collateral, every coin in its owner's own wallet, under their own keys.
No company. No custodian. Just people choosing to lock.
55/100·BLong
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meme10/25meme
Murad is putting his “diamond hands” thesis to the test. At TOKEN2049, he confirmed round-tripping $81M in unrealized memecoin gains, yet said he expects his wallets to eventually be worth billions and plans to hold for another 6–8 years. According to an April Cointelegraph report, his publicly tracked portfolio had fallen from a $67M peak in July 2025 to about $8.1M, mostly in SPX6900, with no significant sales recorded at the time.
Reply to @WuBlockchain: Murad Mahmudov: A Memecoin Could One Day Surpass Bitcoin and the Entire Stock Market in Market Cap
Prominent crypto investor Murad Mahmudov @MustStopMurad predicted at TOKEN2049 Singapore 2026 on October 16 that a meme coin could one day surpass Bitcoin in market capitalization and eventually even the entire stock market. He argued that the most promising assets need not generate revenue but can act as an "empty cup" absorbing wealth from elsewhere.
Murad said value will flow to tokens meeting two conditions: existing holders willing to hold long term without selling, and many potential participants yet to join. He calls this the "Fat Movement Thesis," predicting successful meme coins will evolve into movements backed by communities of committed long-term holders.
35/100·CLong+5
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meme10/24meme
More optionality for $DGB! Let's keep testing and providing feedback community. https://x.com/altbasewallet/status/2114044389492215928
Quoted @altbasewallet: Your coin collection keeps growing. Your collection of wallet apps doesn’t have to.
Altbase now supports 33 coins. Bitcoin Cash, DigiByte, Peercoin, Zcash, Nexa, Xelis and MWC have joined Bitcoin, Monero, Kaspa and Nonsense. Zcash currently supports transparent addresses.
Receive payouts, send coins and check your transaction history in one app. For supported coins, the optional Mining module puts miner controls, pool selection, hashrate and logs directly inside the wallet.
Your private keys stay on your device, and transactions are signed locally. No account required.
Available for Windows, Linux and macOS.
#Altbase #CryptoWallet #Mining #Monero #SelfCustody(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), Coinbase reported basic and diluted EPS of -2.85, net income of USD -0.754 billion, and revenue of USD 2.633 billion.
Consensus expectations: For the upcoming 2026Q3 event on 2026-10-29, consensus EPS is -0.2169 and consensus revenue is USD 1.203 billion.)
35/100·CLong+4
m
meme10/24meme
$USELESS is now on NullMask. 🟢
The most useless coin on Solana just got one use: privacy. @theuselesscoin
Deposit, hold a private balance, send privately and withdraw.
Shield your $USELESS:
https://sol.nullmask.io
Retweeted by @theuselesscoin from @NullMaskio
35/100·CLong+1
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meme10/24meme
@SwimmerFinance $INJ spotted 🎯
Reply to @SwimmerFinance: GM Swimmers.
Time flies, especially in crypto,
I mean especially in frontier industry.
We now deployed on 8 blockchains,
I mean 8 frontier networks.
Which network has the largest community?
Which company logo lookmaxxing the most?
Which additional chain should we expand to?
@ethereum by @VitalikButerin
@arbitrum by @sgoldfed @ajwarner90
@base by @jessepollak @cobie
@BNBCHAIN by @cz_binance @heyibinance
@injective by @ericinjective
@RobinhoodCrypto by @vladtenev
@monad by @keoneHD @0x_eunice
@solana by @mert @toly
Which ticker will rally the most?
$ETH $ARB $COIN $BNB
$INJ $HOOD $MON $SOL
10/100·CNeutral+7
n
news10/24news
Argentine Judge Drops LIBRA Criminal Probe Against President Milei and Hayden Davis
According to Reuters, Argentine federal judge Marcelo Martínez de Giorgi has dropped the criminal investigation into President Javier Milei, his sister Karina Milei, and U.S. businessman Hayden Davis over the LIBRA meme coin scandal, finding insufficient evidence of fraud.
The judge ruled that while Milei’s endorsement on X may have amplified the token’s launch, it did not in itself constitute a fraudulent scheme. Milei promoted LIBRA in February 2025 before deleting his post as the token’s price collapsed. Blockchain researchers previously reported that eight wallets linked to the token’s creator withdrew approximately $99 million in cryptocurrency from the token’s trading market.
10/100·CNeutral
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meme10/23meme
🟣 @DeutscheBank is launching its first digital asset service, marking a push into crypto custody. After the launch in Germany, the bank plans to expand the custody platform into Asian financial centres next year.
https://www.reuters.com/business/finance/deutsche-bank-prepares-crypto-custody-launch-targets-asia-growth-2026-10-16/
Reply to @OpenEden_X: 🟣 @jpmorgan has brought its USD-denominated deposit token, JPM Coin, to @ethereum for institutional clients. The token now supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem, including @base.
https://www.theblock.co/news/business/2026-10-19-jpmorgan-jpm-coin-deposit-token-ethereum-418874
72/100·B+Long+4
m
meme10/23meme
🟣 @jpmorgan has brought its USD-denominated deposit token, JPM Coin, to @ethereum for institutional clients. The token now supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem, including @base.
https://www.theblock.co/news/business/2026-10-19-jpmorgan-jpm-coin-deposit-token-ethereum-418874
Reply to @OpenEden_X: Helping clients bridge to the digital world is central to @BNYglobal's digital asset strategy, as BNY's CEO Robin Vince outlined in their latest Q3 2026 earnings call.
https://t.co/zsi8pbngrf(Historical earnings: For 2026Q1 (period ended 2026-03-31), JPMorgan Chase reported basic EPS of 5.95, diluted EPS of 5.94, and net income of USD 16.494 billion. For full-year 2025 (period ended 2025-12-31), basic EPS was 20.05, diluted EPS was 20.02, net income was USD 57.048 billion, and revenue was USD 182.447 billion.
Consensus expectations: For 2026Q3, consensus expects EPS of 5.9185.)
72/100·B+Long+3
m
meme10/23meme
@nikil @ethereum @jpmorgan @Alchemy JPM Coin moving dollars onchain around the clock is a strong proof point for deposit tokens.
Reliable infrastructure underneath is what institutional clients will judge it on. @Alchemy
Reply to @nikil: World’s most valuable bank now on @ethereum
@jpmorgan deposits powered by @Alchemy
How it works:
JPM Coin represents dollars deposited at JPMorgan. Approved institutional clients can move those dollars on Ethereum around the clock—to pay each other or buy tokenized assets.
Think of how stocks went from paper certificates to electronic trading. The shares stayed the same; moving them became easier.
This is a similar shift for bank deposits: the dollars are still at JPMorgan, but Ethereum becomes a network for moving them.