JPMorgan and Citi plan tokenized bank network for 2027
The two banks are reportedly organizing a shared tokenized deposit network, a signal of large-bank interest in blockchain-based settlement infrastructure.
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- WSJExclusive | JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto
- CoinDeskJPMorgan, Bank of America and Citi are going on the blockchain offensive with a shared tokenized network
- The BlockJPMorgan, Citi-backed consortium plans to launch tokenized deposit network in early 2027: WSJ
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