JPMorgan Reportedly Considering Launching Crypto Trading for Institutional Clients
Quick take:
- Both spot and derivatives trading are reportedly under consideration.
- The report comes out amid JPMorgan’s increased activity around crypto as demand from clients increases amid evolving U.S. crypto regulations.
- The company rolled out its JMP Coin to institutional clients in November and launched its first tokenized money market fund on December 15.
JPMorgan is reportedly considering launching crypto trading for institutional clients. A person familiar with the matter told Bloomberg that the company is assessing what products and services its markets division could offer to expand its footprint in cryptocurrencies.
According to the report, both spot and derivatives trading are reportedly under…
