JPMorgan Chase is exploring the launch of crypto-backed lending services for its clients starting in 2026.
The largest U.S. bank, JPMorgan Chase, is considering offering loans secured by its clients’ cryptocurrency holdings.
According to the Financial Times, the Wall Street bank is evaluating the possibility of allowing customers to borrow against digital assets such as bitcoin and ether as early as next year. However, the operational details of the program may still change before its official launch.
The institution has already taken initial steps into the lending space, with plans to offer loans backed by exchange-traded funds (ETFs) tied to digital assets.
JPMorgan’s initiative comes amid a growingly favorable regulatory environment for cryptocurrencies in the United States. President Donald Trump recently signed the GENIUS Act, a piece of legislation that establishes a federal framework for stablecoins.
The GENIUS Act requires that stablecoins be fully backed by U.S. dollars or other highly liquid assets, mandates annual audits for issuers with a market capitalization exceeding $50 billion, and sets specific rules for issuance by foreign entities.
