In March 2026, JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin and Ethereum as collateral for U.S. dollar loans via its Kinexys platform, with custodians like Fidelity and Coinbase holding the assets. This marks a major shift from CEO Jamie Dimon's past skepticism, treating crypto like traditional assets with haircuts of 30-50% reflecting volatility. The move paves the way for broader adoption by other major banks and introduces new liquidity and risk dynamics in crypto markets. The next year will reveal if this is a lasting change or a temporary experiment, with competitor adoption, haircut adjustments, and stress tests as key indicators.
JPMorgan now accepts Bitcoin and Ethereum as co...
In March 2026, JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin and Ethereum as collateral for U.S. dollar loans via its Kinexys platform, with custodians like Fidelity and Coinbase holding the assets.…

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- Aug 17JPMorgan now accepts Bitcoin and Ethereum as co...
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Originally reported by Pluang
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