This post was originally published on Coinspeaker
Key NotesDigital Asset and Kinexys will build technical foundations in 2026 before adding products like Blockchain Deposit Accounts.Canton Network hosts Goldman Sachs, DTCC, and Deutsche Börse among institutional participants.JPM Coin launched on Coinbase’s Base network in November 2025 with Mastercard among initial clients.
JPMorgan’s blockchain division Kinexys and Digital Asset announced plans on Jan. 7 to launch the JPM Coin deposit token directly on the Canton Network.
This marks the bank’s second public blockchain expansion after its Base network launch in November 2025.
The deployment will proceed in phases throughout 2026. Initial work focuses on technical and business frameworks to support issuance, transfer, and near-instant redemption of JPM Coin directly on Canton, according to the joint announcement.
The collaboration will also explore integrating additional Kinexys products including Blockchain Deposit Accounts.
Platform Background
Canton Network launched in July 2024 as what Digital Asset describes as the only public blockchain purpose-built for institutional finance.
The network’s privacy features allow institutions to conduct transactions without exposing sensitive business data to competitors. Participants include Goldman Sachs, DTCC, Deutsche Börse, BNP Paribas, and BNY Mellon.
Digital Asset CEO Yuval Rooz described the partnership as laying groundwork to modernize traditional financial infrastructure and improve how
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