Citing DL News, JPMorgan Chase & Co. will allow institutional clients to use Bitcoin and Ethereum as collateral for loans by the end of 2025, according to a Bloomberg report. The program will be rolled out globally with a third-party custodian. Bitcoin rose above $110,000, and Ether climbed to nearly $4,000 following the announcement. This follows JPMorgan’s earlier decision to accept Bitcoin ETFs as collateral. The move reflects growing institutional interest in crypto products and a broader trend among Wall Street firms to integrate digital assets, including Morgan Stanley, State Street, and Fidelity.
JPMorgan to Allow Bitcoin and Ethereum as Collateral by End of 2025
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