JPMorgan To Accept Bitcoin As Collateral By Year-End
According to sources, JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025.
The new program will rely on a third-party custodian to safeguard pledged assets, allowing clients to borrow against their direct crypto holdings.
The shift could make it easier for institutions to access liquidity without selling long-term digital asset positions.
- The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral.
- The development represents a broader acceptance of digital assets across the financial sector.
This move is expected to roll out globally, enabling hedge funds and family offices to access liquidity more easily.
Author's summary: JPMorgan to accept Bitcoin as loan collateral by 2025.