JPMorgan Gave Away NFTs at an Event This Week. One Is Now Listed for 420 ETH

One prankster is looking for $1.8 million for Jamie Dimon’s first mint. Why not?

AccessTimeIconDec 3, 2021 at 9:21 p.m. UTC
Updated May 11, 2023 at 4:09 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

JPMorgan has taken a dive straight into non-fungible tokens (NFT).

The megabank gave away NFTs to attendees of its first “Crypto Economy Forum for TradFi Investors” event, which was held at the Wall Street giant’s New York headquarters earlier this week.

  • Key Events You Shouldn't Miss at Consensus 2024
    Key Events You Shouldn't Miss at Consensus 2024
  • What to Expect From Consensus 2024
    What to Expect From Consensus 2024
  • Will Solana and Altcoins Dominate the Market Next?
    Will Solana and Altcoins Dominate the Market Next?
  • What's Next for FIT21?
    What's Next for FIT21?
  • None have traded so far, according to OpenSea, but one of the 69 owners of the NFT collection put one up for sale for a whopping (and cheeky) 420 ETH, or $1.8 million.

    “Wasn’t us, but thought it was funny because now it’s the floor price for our free NFT,” said someone close to the bank.

    Speakers at the event included such big names as FTX exchange chief Sam Bankman-Fried, Ava Labs founder Emin Gün Sirer and Coinbase CEO Brian Armstrong.

    Meanwhile, JPMorgan CEO Jamie Dimon continues to throw shade on crypto, recently stating that digital currencies have no intrinsic value.

    Whatever Dimon’s view, the so-called TradFi world is aping into decentralized finance (DeFi), NFTs and “Web 3″ at an alarming clip. The bank’s private wealth division took a peek at NFTs in a report back in April.

    The JPMorgan NFTs were minted on Ethereum layer 2 network Polygon.

    JPMorgan is not the first bank to issue a commemorative NFT; Bank of America created one about a month ago.


    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Ian Allison

    Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

    Read more about