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Wall Street Giant JPMorgan to Let Institutions Borrow Against Bitcoin and Ethereum Holdings
Yahoo Financeยท 2025-10-24 16:24
Wall Street giant JPMorgan Chase & Co. plans to allow institutional clients to borrow against their Bitcoin and Ethereum holdings, according to Bloomberg reports. The $4 trillion institutional asset manager announced that it will allow clients to use BTC and ETH directly as collateral for loans by the end of 2025. The program, available globally, will use a third-party custodian to secure the pledged tokens, according to sources familiar with the matter. This move builds on a June announcement, in which ...