JPMorgan Considers Offering Bitcoin And Crypto Trading Services
JPMorgan Chase & Co. (NYSE:JPM), the largest U.S. bank in terms of assets and scope of operations, is assessing the potential to provide cryptocurrency trading services to its institutional clients. This move involves evaluating spot and derivatives products for assets like Bitcoin (BTC) and Ethereum (ETH), according to sources familiar with the discussions.
The bank’s markets division is reportedly examining how to broaden its digital asset offerings amid rising demand from hedge funds, asset managers, and other large investors. No final decision has been made at the time of writing, but the exploration seemingly signals a shift toward deeper integration of crypto into traditional banking operations.
This development follows…
