From smartphones to home appliances, internet-connected devices generate vast amounts of personal data every day. Much of that data ends up on servers run by large technology companies, leaving users with little control over how it is used. Jasmy, a Japanese company founded by former Sony executives, aims to give individuals control over their data, with the JASMY token playing a role in everything from network fees to data sharing.
What Is Jasmy and How Did It Start?
Jasmy is a platform that combines the Internet of Things (IoT) with blockchain technology to help people manage their personal data securely. Tokyo-based Jasmy Incorporated is developing the platform around an idea it calls “data democracy.”
For Jasmy, data democracy means individuals decide who can use their personal information. Its platform uses a distributed storage system that users control, giving each person a choice over which data to share and which companies can access it.
JASMY is the cryptocurrency used in this ecosystem. It launched on Ethereum as an ERC-20 token and serves as the currency for transaction fees on Jasmy’s own network, JasmyChain. JASMY is sometimes called “Japan’s Bitcoin” because it was among the first Japanese cryptocurrencies listed on a domestic exchange overseen by Japan’s Financial Services Agency (FSA).
How Does the Jasmy IoT Platform Work?
According to Jasmy’s official website, the platform has two core services.
- Secure Knowledge Communicator (SKC) lets users store and manage personal data securely and share it with their consent. Its functions include identity verification, distributed data storage across smartphones and the blockchain, and tracking data after users share it.
- Smart Guardian (SG) securely registers IoT devices on the blockchain and gives owners exclusive access to their devices. It also provides a secure channel for transmitting device readings and remote-control commands.
The diagram places the user at the center. The inner ring represents data derived from the user’s personal information, while the outer ring represents the devices and other items they own. SKC manages the personal data in the inner ring, and SG manages the devices in the outer ring and the data they generate.
Both services connect to service providers through Jasmy’s blockchain infrastructure. Data flows between them with the user’s consent.
Jasmy is also developing a Personal Data Locker (PDL). It encrypts personal data and keeps it in distributed storage, while recording a summary of the data on the blockchain.
Jasmy’s Enterprise Products
Jasmy also operates as a Japanese technology company that sells software to businesses. Its products include Jasmy Secure PC for corporate computer security and Jasmy Skill Management for managing workforce information.
In October 2026, Jasmy released a version of Jasmy Skill Management for insurance agencies. The system lets agencies manage agent codes, licensing records, and insurer contact details in one place.
That same month, Jasmy began using its PDL infrastructure in corporate human resources management for the first time. Employees can keep and use the career records they build at a company even after they leave.
Key Milestones in Jasmy’s History
Jasmy Incorporated was founded in Tokyo in April 2016. Its founders include Kunitake Ando, Sony’s former president and chief operating officer, and Kazumasa Sato, who spent many years at Sony. Ando serves as Jasmy’s representative director, while Sato serves as president and chief operating officer.
In 2019, the company launched the Jasmy Initiative with organizations preparing to become the first users of its IoT platform. The initiative brought participants together to design applications, develop proofs of concept, and run pilot programs.
The JASMY Launch and Exchange Listings
JASMY began trading in early 2021 and reached its recorded all-time high of $4.79 on February 16. That price reportedly came from trades on the South Korean exchange Upbit during the token’s first days of trading. With very little liquidity at the time, the figure may be a poor guide to what JASMY was worth in the broader market.
On October 26, 2021, BITPoint Japan opened trading in JASMY against the Japanese yen. The listing marked a milestone for a Japanese-developed cryptocurrency on an exchange under FSA supervision. Global exchanges, including Binance and Coinbase, subsequently listed the token.
Janction and JasmyChain
In 2024, Jasmy announced Janction, the first project it incubated. Janction was designed as a Layer 2 network where users could rent idle graphics processing units (GPUs) for AI workloads. GPU node sales began in December 2024, and the project has its own token, JCT.
Jasmy’s own blockchain, JasmyChain, launched its mainnet in January 2026. Built with Arbitrum Orbit and compatible with the Ethereum Virtual Machine (EVM), the network uses JASMY to pay transaction fees. Jasmy plans to introduce account abstraction features that would allow companies to cover those fees on behalf of users.
Recent Developments
On September 28, 2026, Jasmy signed a memorandum of understanding with Japanese media company AppBank to jointly develop AI and data services. Its other initiatives around this time focused on the Personal Data Locker and Jasmy Skill Management.
According to an October 2026 assessment by CoinMarketCap, Jasmy had yet to publish user counts or figures for fee-paying transactions on JasmyChain. It had also yet to publicly identify any enterprise customers using the network.
How Does the JASMY Token Work?
JASMY has several roles in the Jasmy ecosystem. Some are already in use, while others are part of the company’s plans.
- Transaction fees. Users pay all JasmyChain transaction fees in JASMY.
- Data sharing. Jasmy envisions a system in which users can earn tokens when they share their data with companies, giving them a share of its economic value.
- Applications. Jasmy plans for applications built on JasmyChain to use JASMY for payments and incentives.
JASMY is an ERC-20 token on Ethereum. Holders can transfer their tokens to JasmyChain using Arbitrum’s bridge infrastructure.
JASMY Supply and Tokenomics
JASMY has a total and maximum supply of 50 billion tokens. According to JR Kripto data, approximately 49.44 billion JASMY were in circulation as of November 13, 2026, representing about 98.9% of the total supply.
With nearly all tokens already circulating, relatively little supply remains to enter the market through future unlocks. A supply of 50 billion also means that each token represents a small fraction of the total. Market capitalization therefore gives a clearer picture of JASMY’s valuation than its price per token alone.
A November 2025 analysis by Capital.com, based on Etherscan data, found that many of the largest JASMY wallets belonged to exchanges holding tokens on behalf of customers. The largest appeared to be a Binance address holding around 8.4% of the supply.
Long-term demand for JASMY depends largely on how much people use JasmyChain and how closely Jasmy connects its enterprise products to the token economy.
JASMY Price and Market Data
According to JR Kripto data, JASMY coin price traded at $0.0034 on November 13, 2026, ranking 130th by market capitalization. The token had fallen 3.91% in 24 hours, 5.65% over seven days, and 30.74% over 30 days.
| Metric | Value |
Price as of November 13, 2026 | $0.0034 |
Market capitalization | $169.9 million |
Fully diluted valuation | $172.1 million |
24-hour trading volume | $9.4 million |
Circulating supply | 49.44 billion JASMY |
All-time high | $4.79 |
All-time low | $0.00275 |
The chart begins in late 2021, when Binance listed JASMY. The February 2021 high of $4.79 therefore falls outside the period shown.
JASMY traded above $0.35 in its first days on Binance before falling sharply throughout 2022. It spent most of 2023 trading sideways near its lows. A rally in 2024 took the token above $0.05 by year-end.
JASMY fell again through 2025 and 2026, reaching an all-time low of $0.00275. As of November 13, 2026, it traded roughly 99.9% below its recorded high and about 25% above its low.
Why Does Jasmy Matter?
Jasmy is one of the few cryptocurrency projects founded by former executives of a major technology company and operating in Japan’s tightly regulated crypto market. That background has helped JASMY gain recognition among investors, particularly in Asia.
Jasmy’s vision of data democracy offers an alternative at a time when large technology companies hold much of the world’s personal data. The use of its Personal Data Locker in human resources is an early practical example. Employees can take their career records with them when they change jobs.
JasmyChain and Janction also show how Jasmy is expanding beyond its original IoT business into blockchain infrastructure and computing capacity for AI.
Where Can You Buy JASMY?
JASMY trades on four major exchanges accessible to users in Türkiye, including Binance, Binance TR, BtcTurk, and Paribu. Coinbase, HTX, and WhiteBIT also offer JASMY trading.
As an ERC-20 token, JASMY can generally be withdrawn from exchanges over Ethereum. When making a withdrawal, select a network supported by the receiving wallet. To use JASMY on JasmyChain, users need to transfer their tokens to the network through the official bridge.
On its website, Jasmy warns about scams that use the company’s name to persuade people to buy cryptocurrency.
Jasmy’s Team and Community
Jasmy co-founder Kunitake Ando served as Sony’s seventh president and as its chief operating officer. Kazumasa Sato joined Sony in 1980 and spent many years at the company before becoming a founding member of Jasmy. Jasmy’s chief financial officer, Hiroshi Harada, previously worked at KPMG.
Jasmy is an independent company with no formal affiliation with Sony. The connection comes from its founders’ careers at Sony.
Adoption, Transparency, and Liquidity Risks
One of the biggest risks for Jasmy is limited evidence of real-world adoption. CoinMarketCap’s October 2026 assessment found no public figures for JasmyChain users or fee-paying transactions. The direct economic link between Jasmy’s enterprise products and the JASMY token also remains unclear.
The concentration of tokens in large wallets is another factor to watch. Trades by large holders can have an outsized effect on prices when liquidity is low.
JASMY’s price history illustrates that risk. Its 2021 high came in a thinly traded market, showing how speculative its early price movements could be. The token also gave back much of its 2024 rally.
Jasmy faces competition from IoTeX, Helium, and other decentralized physical infrastructure network (DePIN) projects seeking to attract many of the same users and enterprise customers.
Frequently Asked Questions About JasmyCoin
Below are some frequently asked questions and answers about JasmyCoin (JASMY).
- What is JasmyCoin, and when did it launch? JasmyCoin is a cryptocurrency developed by Japan-based Jasmy Incorporated around its vision for the Internet of Things (IoT) and data democracy. Jasmy was founded in 2016, and the JASMY token began trading in early 2021.
- What is JASMY coin used for? JASMY is used to pay transaction fees on JasmyChain. Jasmy also envisions using the token to compensate users when they share their data.
- Does Sony own Jasmy? No. Jasmy is an independent company. Its founders include former Sony executives such as Kunitake Ando, Sony’s former president.
- What is JasmyChain? JasmyChain is a blockchain built using Arbitrum Orbit that launched its mainnet in January 2026. Transaction fees on the network are paid in JASMY.
- What is the supply of JASMY? JASMY’s total supply and maximum supply are both 50 billion tokens. As of November 13, 2026, approximately 49.44 billion JASMY are in circulation.
- Which Turkish exchanges list JASMY? JASMY trades on Binance TR, BtcTurk, and Paribu. Binance’s global platform also offers the JASMY/USDT trading pair.
- Is JasmyCoin a suitable investment? Whether JASMY is a suitable investment depends on the individual’s risk profile and research. The founding team’s experience, the launch of JasmyChain, and Jasmy’s corporate partnerships are among the factors that investors may view positively. Limited network usage, concentrated token ownership, and high volatility should also be taken into account.
Follow the JR Kripto Guide series for updates on the Jasmy ecosystem and JasmyChain.
