JPMorgan to accept crypto as collateral, boosting digital assets’ legitimacy
6th June 2025 – (New York) JPMorgan Chase is poised to introduce cryptocurrency investments, including BlackRock’s iShares Bitcoin Trust (IBIT), as collateral for select loans, marking a significant move towards endorsing cryptocurrencies as mainstream financial assets. The reported shift, as detailed by Bloomberg, underscores the increasing acceptance of the leading cryptocurrency, Bitcoin, as a credible store of wealth and investment.
As the largest U.S. bank, JPMorgan intends to enable trading and wealth management clients to leverage crypto-related assets to secure loans, as disclosed by anonymous sources referenced in a Bloomberg News article. Notably, cryptocurrencies will be evaluated…
