JPMorgan expands ‘JPM Coin’ deposit token to Ethereum for institutional clients — 2026-10-19

## Short Segments Revolut secures a Gibraltar crypto license, paving the way for its international expansion. Today, we'll explore how this regulatory move supports Revolut's global crypto ambitions, and later, we'll dive into JPMorgan's expansion of its JPM Coin to Ethereum, a significant step for institutional blockchain adoption. Revolut has obtained a Distributed Ledger Technology license in Gibraltar, allowing its new entity, Revolut Global Digital Assets Limited, to offer crypto services. This license enables Revolut to execute virtual asset orders, hold assets in custody, and offer staking services, marking a strategic move in its international expansion plans. With this regulatory approval, Revolut can now fully onboard Gibraltar residents to its electronic money and payments app, expanding its customer base and service offerings. For Revolut, this means a stronger foothold in the crypto market, enhancing its ability to compete globally by leveraging Gibraltar's favorable regulatory environment. World launches its World ID suite for banks, making Zoom deepfake checks generally available. World ID for Zoom, now available in the Zoom Marketplace, is designed to detect deepfaked participants in video calls, a growing concern as synthetic media becomes more sophisticated. This technology is crucial for businesses that rely on digital meetings for critical decisions, ensuring the authenticity of participants during sensitive transactions. Initial design partners like Bain Capital and Pantera Capital are already utilizing this technology, highlighting its importance in maintaining trust in digital communications. As deepfake technology advances, tools like World ID for Zoom are becoming essential for verifying identities and preventing fraud in virtual environments. ## Feature Story JPMorgan expands its JPM Coin to Ethereum, opening new doors for institutional blockchain use. The bank's USD-denominated deposit token, JPM Coin, now supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem, including Base, a layer-2 blockchain built by Coinbase. This move is part of JPMorgan's strategy to offer its crypto token to a broader range of institutional clients, leveraging Ethereum's liquidity and established use among financial firms. By integrating with Ethereum, JPMorgan aims to facilitate more efficient settlement of tokenized securities transactions, addressing a common challenge where investment products are issued on blockchains, but the cash leg remains in traditional banking systems. Institutional users can now transfer tokenized dollar deposits around the clock, although permissioned access limits direct use in public DeFi markets. This expansion signifies a growing trend among traditional financial institutions to adopt blockchain technology for its efficiency and transparency benefits. For JPMorgan, this integration with Ethereum not only enhances the utility of JPM Coin but also positions the bank as a leader in the evolving landscape of digital finance. As more financial institutions explore blockchain solutions, JPMorgan's move could set a precedent for others to follow, potentially accelerating the adoption of blockchain in mainstream finance. Looking ahead, the success of JPM Coin on Ethereum could influence how other banks approach blockchain integration, particularly in terms of liquidity and interoperability with existing financial systems.