🇺🇸 JPMorgan Activates Bitcoin And Ethereum As Institutional Collateral Unlocking New Era For Crypto Adoption.
CRYPTO ENTER TRADITIONAL COLLATERAL SYSTEM 🚀🏛
JPMorgan Chase has activated Bitcoin (BTC) and Ethereum (ETH) as eligible collateral for institutional clients, allowing them to pledge these assets for USD loans via its Kinexys (formerly Onyx) platform. This enables liquidity access without selling holdings, often with haircuts (e.g., 30-50%) to manage volatility risks, and uses third-party custody.
Reported initially in late 2025 by Bloomberg as a planned rollout by year-end, recent updates from sources like ZeroHedge, CNBC, and others confirm the program's activation in 2026 for select institutional use in trading and financing. This marks a step in bridging traditional finance with digital assets.