JPMorgan Eyes Crypto Trading, Focusing on Partnerships for Now

JPMorgan is preparing to expand its involvement in the cryptocurrency trading market, as confirmed by its head of digital asset markets. However, the bank has decided against launching its own custody services at this time. Instead, it plans to collaborate with third-party custodians to support its growing operations in the realm of digital assets. JPMorgan sees these strategic partnerships as crucial for increasing Bitcoin’s and other cryptocurrencies’ market accessibility.