JPMorgan Lets Institutions Use Bitcoin and Ethereum as Collateral

Coinpedia 12 hours ago 163

The post JPMorgan Lets Institutions Use Bitcoin and Ethereum as Collateral appeared first on Coinpedia Fintech News

JPMorgan now allows institutional clients to use Bitcoin and Ethereum as loan collateral, blending crypto with traditional finance. Third-party custodians will safeguard the assets, helping investors unlock liquidity without selling digital tokens. This big move boosts confidence in cryptocurrencies among major banks and offers clients more flexibility, pushing digital assets further into the banking mainstream.

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