---
title: "JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288838440.md"
description: "Major U.S. banks, including JPMorgan, Bank of America, and Citi, plan to launch a shared tokenized deposit network by mid-2027. Operated by the Clearing House, this initiative will convert traditional deposits into blockchain-based tokens for fast, 24/7 transfers while keeping funds within the regulated banking system."
datetime: "2026-06-05T09:30:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288838440.md)
  - [en](https://longbridge.com/en/news/288838440.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288838440.md)
---

# JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network

-   Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.
-   The banks plan to convert traditional bank deposits into blockchain-based tokens that can move quickly around the clock, while keeping funds inside the regulated banking system.

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