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JPMorgan Chase

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ResearchNew York, United States
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About

JPMorgan Chase & Co. is an American multinational financial services firm founded in 1799. It runs one of the largest in-house quantum technology programmes in finance through its Global Technology Applied Research group, led by Marco Pistoia. The group operates a quantum-secured crypto-agile network (Q-CAN) that connects two of the firm's data centres over deployed fibre, with a third research node for next-generation quantum-networking experiments. Working with Toshiba and Ciena, JPMorgan demonstrated a metropolitan QKD network capable of 800 Gbps data rates, suitable for mission-critical blockchain applications. Its quantum research spans portfolio optimisation, derivatives pricing, fraud detection, and post-quantum migration for banking infrastructure. In January 2024, JPMorgan led the $300M funding round into Quantinuum at a $5B valuation. In 2025 it partnered with Quantinuum, Argonne, Oak Ridge, and UT Austin on a certified-randomness milestone.

Quantum Specifications

Quantum Focushardware

Backed By

Lakestar
Lightspeed Venture Partners
Quantum Coast Capital
Type One Ventures
Trumpf Venture
Gic Government Of Singapore Investment Corporation
Hercules Capital
Inven Capital

Application Areas

Risk managementPortfolio optimizationFraud detection

Frequently Asked Questions

JPMorgan Chase & Co. is an American multinational financial services firm founded in 1799. It runs one of the largest in-house quantum technology programmes in finance through its Global Technology Applied Research group, led by Marco Pistoia. The group operates a quantum-secured crypto-agile network (Q-CAN) that connects two of the firm's data centres over deployed fibre, with a third research node for next-generation quantum-networking experiments. Working with Toshiba and Ciena, JPMorgan ...
JPMorgan Chase is headquartered in New York, United States.
JPMorgan Chase was founded in 1799.
JPMorgan Chase operates in the following sectors: quantum finance, quantum research, quantum algorithms, quantum optimization, post quantum cryptography.