JPMorgan takes JPM Coin to Ethereum for institutional clients: Report

JPMorgan is reportedly expanding its JPM Coin deposit token onto the Ethereum network, enabling institutional clients to make payments and settle tokenized asset transactions. The move brings a major Wall Street bank's settlement infrastructure onto a public blockchain, which could deepen institutional use of Ethereum for tokenized finance. Traders would view this as a positive signal for ETH's role as institutional settlement infrastructure, though the report is unconfirmed and the immediate flow impact is limited.