JPMorgan to Offer Bitcoin & Ethereum as Loan Collateral to Clients

JPMorgan Chase is pioneering a new era in finance by allowing institutional and high-net-worth clients access to borrow against Bitcoin and Ethereum starting late 2025. This significant policy shift reflects growing acceptance of cryptocurrencies within the financial world, potentially igniting increased demand for both Bitcoin and Ethereum. The move marks a key change from JPMorgan CEO Jamie Dimon’s past criticism of digital currencies, signifying a pivotal shift in the financial landscape. 3rd-party custody will be used to address risk and compliance concerns. This initiative could have far-reaching implications as it paves the way for increased institutional participation in the crypto market, opening doors to new liquidity and potentially sparking further growth in DeFi and governance token markets.