🚨 Breaking News: JP Morgan Eyes Bitcoin & Ethereum-Backed L
Monnie Brunt OkvK
Updated at: 5 hours ago
{"content":"🚨 Breaking News: JP Morgan Eyes Bitcoin & Ethereum-Backed Loans in Major Crypto Push
In a groundbreaking move, financial giant JP Morgan, managing over $4.3 trillion in assets, is reportedly considering entering the crypto-backed lending space.
According to emerging reports, the banking titan is exploring plans to offer loans backed by Bitcoin ($BTC) and Ethereum ($ETH) holdings—a significant step that could further legitimize crypto as a financial instrument in traditional markets.
This initiative is expected to roll out sometime next year, marking a major shift in how legacy institutions interact with digital assets. If approved, it would allow clients to borrow cash by collateralizing their crypto holdings—similar to how traditional securities-backed lending works.
🔍 This move by JP Morgan highlights the growing mainstream acceptance of crypto, and reinforces the narrative that Bitcoin and Ethereum are becoming serious financial assets, not just speculative tools.
2025 could be the year where TradFi and DeFi truly start to merge. Stay tuned.
$ETH
{future}(ETHUSDT)
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