JPMorgan Chase is preparing to take its involvement in crypto a step further by considering a lending program backed by digital assets.
Sources close to the matter told Financial Times that the bank may allow clients to take out loans using cryptocurrencies like Bitcoin and Ethereum as collateral — potentially starting in 2026.
While CEO Jamie Dimon remains publicly critical of Bitcoin, the bank has gradually opened its doors to digital assets, previously exploring ETF-linked lending and facilitating crypto access for clients.
Though custody remains off the table, the institution appears increasingly willing to accommodate crypto demand.
The timing aligns with Washington’s recent regulatory pivot. The GENIUS Act, signed into law last week by President Donald Trump, introduces strict rules for stablecoins and hints at a broader regulatory greenlight for digital finance.
With that momentum, JPMorgan’s exploration of crypto-backed lending could signal a new era where Wall Street leans further into blockchain-backed financial tools.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/jpmorgan-prepares-to-accept-bitcoin-and-ethereum-as-loan-collateral/