Coinbase’s tie-up with JPMorgan Chase is a ‘huge adoption unlock’ for crypto, analysts say – DL News
- Analysts say Coinbase’s partnership with JPMorgan Chase is a win for crypto adoption.
- The move highlights the banking sector’s changing attitude towards digital assets.
In a move that is expected to shift how the banking industry engages with digital assets, Coinbase on Wednesday inked a new partnership with JPMorgan Chase, the No. 1 US bank.
Beginning in 2026, Chase customers will be able to directly link their bank accounts to the US-based crypto exchange.
The bank will also enable customers to cash out points from its reward programme into Circle’s USDC stablecoin, and use Chase credit cards to fund their Coinbase accounts.
Wary banks
Calling the deal “a huge adoption unlock,” analysts at Bernstein said Coinbase will acquire new…
