JPMorgan to Accept Bitcoin as Collateral
JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025.
A new program will be rolled out globally, relying on a third-party custodian to safeguard pledged assets.
- The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral.
- This expansion will enable 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.
This development represents a broader acceptance of digital assets across the financial sector.
Author's summary: JPMorgan accepts Bitcoin as loan collateral.
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