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JPMorgan is moving forward with a significant blockchain expansion. The financial giant is preparing to launch its native JPM Coin directly on the Canton Network, marking a notable step in institutional crypto adoption. What's particularly interesting here is the broader strategy behind this move—the bank is simultaneously extending its deposit token capabilities across public blockchains as part of a coordinated multi-chain rollout. This signals that traditional finance institutions are getting serious about blockchain interoperability and cross-chain infrastructure. The Canton Network deployment represents a strategic positioning in the enterprise blockchain space, while the public blockchain expansion demonstrates JPMorgan's intent to reach beyond permissioned systems. For the crypto market, this kind of institutional-grade multi-chain infrastructure play could reshape how stablecoins and deposit tokens operate across different blockchain ecosystems.