01 /
Brief
JPMorgan's blockchain platform for institutional payments, tokenized assets, and settlement, formerly Onyx. Powers tokenized deposits, money market funds, repo, and cross-border payments across private rails and selected public-chain pilots.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Private credit, Treasuries
- Regulatory
- sec-reg-d, dtcc-settlement-2026
03 /
Milestones
How this player got here.
- May 2026Settled USD to Ripple Singapore in first cross-border tokenized treasury redemption with Ondo and Mastercard MTN
- Jan 2025Processes $1B+/day in payments
- Nov 2023Rebranded from JPM Coin/Onyx
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.









