October 27, 2020 JPMorgan’s ‘JPM Coin’ goes live.

JPMorgan announced today that its blockchain and native cryptoasset, JPM Coin, have gone live. The protocol will be employed by firms for commercial transactions, with major tech firms reportedly slated to use JPM Coin first. JPMorgan has created a new subsidiary, Onyx, to handle JPM Coin-related projects. There are around 100 employees working at Onyx.