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Coinbase & JPMorgan’s Crypto Pact: Wall Street Finally Wakes Up to Digital Assets (Bernstein Report)
Coinbase & JPMorgan’s Crypto Pact: Wall Street Finally Wakes Up to Digital Assets (Bernstein Report)
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Wall Street's ice-cold crypto stance just got a defibrillator jolt. Bernstein analysts spotlight the Coinbase/JPMorgan deal as the tipping point—when institutional resistance finally cracked.
Gone are the days of whispered Bitcoin denials in boardrooms. The marriage of crypto-native Coinbase and legacy titan JPMorgan signals a new era: digital assets aren't just surviving, they're getting adoption papers signed by the suits.
Of course, banks only embrace disruption when they can charge for it—watch those custody fees balloon faster than a DeFi exploit. But make no mistake: when Jamie Dimon's crew starts playing nice with crypto exchanges, the institutional floodgates won't just open... they'll get hedge-funded off their hinges.
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