JPMorgan

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AI take

JPMorgan brought its dollar deposit token JPM Coin onto Ethereum for institutional clients, adding peer-to-peer transfers across the EVM including Base after first launching the token on Base. That sits on top of last week's big-bank print, when profit rose on investment banking and trading but the result missed estimates as dealmaking and markets revenue slowed from a standout second quarter. CEO Jamie Dimon said the US economy continued to be fueled by strong business investment and ongoing consumer spending, while warning that large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitics continue to shift under the surface. Watch how net-interest-income comments hold as the FOMC approaches.

Scheduled take · 2026-10-21T03:10:04Z