Deep Tide TechFlow News, June 18, according to Bloomberg, JPMorgan Chase announced the launch of a token called JPMD, which represents the bank's dollar deposits. According to Naveen Mallela, co-head of JPMorgan Chase's blockchain division Kinexys, the bank plans to conduct its first test transaction in the coming days, transferring a fixed amount of JPMD from JPMorgan Chase's digital wallet to Coinbase, the largest cryptocurrency exchange in the United States.