{"id":5034,"date":"2025-10-13T19:16:29","date_gmt":"2025-10-13T19:16:29","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/13\/jpmorgan-confirms-clients-will-trade-bitcoin-and-crypto\/"},"modified":"2025-10-13T19:16:29","modified_gmt":"2025-10-13T19:16:29","slug":"jpmorgan-confirms-clients-will-trade-bitcoin-and-crypto","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/13\/jpmorgan-confirms-clients-will-trade-bitcoin-and-crypto\/","title":{"rendered":"JPMorgan Confirms Clients Will Trade Bitcoin and Crypto"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

JPMorgan Confirms Clients Will Trade Bitcoin and Crypto<\/a><\/p>\n

<\/div>\n

JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies.\u00a0<\/p>\n

While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and exploring how crypto fits into its broader markets strategy.<\/p>\n

Scott Lucas, JPMorgan\u2019s global head of markets digital assets, outlined<\/a> the bank\u2019s approach in a CNBC interview, emphasizing an \u201cand\u201d strategy that balances existing financial infrastructure with emerging blockchain opportunities.\u00a0<\/p>\n

On trading crypto, Lucas said that, \u201cJamie [Dimon] was pretty clear during investor day that we were going to be involved in the trading of that, but custody is not on the table at the moment,\u201d\u00a0<\/p>\n

The bank has been experimenting with deposit tokens and stablecoins, tools that enable cash-like digital assets on distributed ledgers.<\/p>\n

\u201cNaturally, we need custodians. So we\u2019re exploring what the right custodians for us for the business footprint of,\u201d Lucas said.<\/p>\n

Lucas highlighted JPMorgan\u2019s deposit token, JPMD<\/a>, which is currently a prototype in the U.S., as a platform for potential client services and cash management solutions.<\/p>\n

\n

JUST IN: JPMorgan confirms on CNBC that they will allow clients to trade #Bitcoin<\/a> and crypto but not yet launch custody services pic.twitter.com\/N2oYWPwwhL<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 13, 2025<\/a>\n<\/p><\/div>\n

Stablecoins remain a focus as well, though Lucas noted that any future issuance would likely be led by the bank\u2019s payments business, rather than its markets division.\u00a0<\/p>\n

Instead, JPMorgan\u2019s trading clients can use stablecoins to execute transactions and explore new financial workflows, reflecting the bank\u2019s interest in bridging traditional markets with blockchain-based infrastructure.<\/p>\n

Lucas also acknowledged the growing role of public blockchains in capital markets, noting that while JPMorgan maintains proprietary internal platforms, it expects an increasing share of market activity to shift toward public networks.<\/p>\n

Earlier today, JPMorgan also announced<\/a> a $1.5 trillion, decade-long \u201cSecurity and Resiliency Initiative\u201d to bolster key U.S. industries, including energy, manufacturing, and defense.\u00a0<\/p>\n

The bank said<\/a> it would invest up to $10 billion in equity and venture capital to support domestic companies driving innovation and strategic manufacturing.<\/p>\n

JPMorgan: Bitcoin is undervalued<\/h2>\n

Earlier this month, JPMorgan research suggested<\/a> Bitcoin may be undervalued compared to gold, with potential upside if the \u201cdebasement trade\u201d continues. Analysts estimated Bitcoin could reach $165,000, about 450% above current levels, based on volatility-adjusted comparisons with gold.\u00a0<\/p>\n

They noted that Bitcoin is increasingly attractive relative to gold as the bitcoin-to-gold volatility ratio falls below 2.0.\u00a0<\/p>\n

Earlier this year, JPMorgan Chase also was said to consider<\/a> a policy to lend directly against clients\u2019 Bitcoin and crypto holdings, marking a potential first for the bank in accepting digital assets \u2014 not ETFs \u2014 as loan collateral.<\/p>\n

Earlier in 2025, JPMorgan allowed clients to use Bitcoin ETFs as collateral and began including crypto holdings in net worth evaluations alongside traditional assets.\u00a0<\/p>\n

This post JPMorgan Confirms Clients Will Trade Bitcoin and Crypto<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine JPMorgan Confirms Clients Will Trade Bitcoin and Crypto JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies.\u00a0 While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and exploring how crypto fits into its broader markets strategy. Scott Lucas, JPMorgan\u2019s global head of markets […]<\/p>\n","protected":false},"author":0,"featured_media":5035,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5034","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5034"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5035"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}