JPMorgan to Allow Clients to Pledge Bitcoin and Ether as Collateral: Bloomberg

JPMorgan Chase & Co. is set to enable its clients to use Bitcoin and Ether as collateral for loans and other financial services, according to a report from Bloomberg. This development represents a significant shift in the traditional banking sector's approach to cryptocurrencies, as the major financial institution recognizes the increasing acceptance of digital assets in the financial landscape. By allowing clients to pledge these cryptocurrencies, JPMorgan aims to attract a broader clientele who are interested in leveraging their digital holdings for borrowing purposes, potentially enhancing liquidity and investment opportunities within the cryptocurrency market. source: https://www.coindesk.com/markets/2025/10/24/jpmorgan-to-allow-clients-to-pledge-bitcoin-and-ether-as-collateral-bloomberg