Core Insights - J.P. Morgan has assigned "Overweight" ratings to three major crypto stocks, indicating an expectation that these stocks will outperform their sector averages [1][9] - The bank is expanding its presence in the crypto space through its Onyx division and JPM Coin, which is used for real-time settlement by institutional clients [2][3] Company Ratings - Coinbase Global (COIN) has been maintained at an "Overweight" rating with a price target of $404 for December 2026, supported by its strong position in U.S. institutional trading and integration with the Base network [9] - MARA Holdings (MARA) is noted for its resilience post-halving and diversification into high-performance computing and AI infrastructure, making it a top pick for institutional exposure to Bitcoin mining [7] - Riot Platforms (RIOT) is recognized as a key beneficiary of rising Bitcoin prices and U.S.-based mining expansion [7] Market Activity - J.P. Morgan's Onyx platform processed around $1 billion in daily transactions via JPM Coin, reflecting the bank's commitment to blockchain technology [3] - The expansion of JPM Coin settlement to Coinbase's Base network marks a significant step for a major Wall Street institution utilizing a public blockchain for financial transfers [4]