JPMorgan Stock (JPM) Soars After Embracing Bitcoin and Ether as Collateral - Banking Giant Joins Crypto Revolution

Wall Street's crypto resistance crumbles as JPMorgan opens floodgates for digital asset collateralization.

The Unthinkable Happens

JPMorgan just handed Bitcoin and Ether the ultimate Wall Street validation—collateral status. The banking behemoth's stock surged as it finally acknowledged what crypto enthusiasts have known for years: digital assets are legitimate financial instruments. No more hiding in the shadows—Bitcoin's marching straight into the vaults of traditional finance.

Banking Meets Blockchain

Forget the old guard's skepticism. JPMorgan's move signals a fundamental shift in how major institutions view cryptocurrency. They're not just dipping toes anymore—they're diving headfirst into crypto waters. The collateralization play creates new liquidity pathways while giving digital assets the institutional stamp of approval they've craved.

Market Impact Unleashed

This isn't just about JPMorgan's stock pop. It's about the domino effect across global finance. Other banks now face pressure to follow suit or risk being left behind in the digital asset race. The traditional collateral playbook just got a blockchain upgrade—whether old-school bankers like it or not.

Because apparently, even billion-dollar banks need crypto to stay relevant in 2025's financial landscape—who would've thought?

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JPM stock edged up about 2% to reach almost $300 per share, as of 10:31 a.m. EDT.

According to Bloomberg, which spoke with insiders, these tokens will be secured by a digital asset custodian. The MOVE is in addition to the U.S. banking titan’s earlier plan to enable its clients to also use their cryptocurrency-based exchange-traded funds to secure loans.

Wall Street Opens More Crypto Doors

The update comes as Wall Street banks are becoming more open towards the integration of cryptocurrencies into the lending system. This is even as JPMorgan’s chief executive Jamie Dimon, known for his past anti-crypto campaign — he once called bitcoin a “fraud” — appears to have recently tempered his view on the digital currencies.

In addition, the development aligns with the TRUMP administration’s friendlier approach to digital assets. The U.S. government recently passed the GENIUS Act that permits a dollar-backed stablecoin, following an earlier move by President Donald Trump permitting key digital assets to be stored as strategic reserve.

Back to Wall Street, top banker Morgan Stanley (MS) is also reportedly working behind the scenes to offer its wealth-management clients access to crypto investment opportunities. The financial services company has also teamed up with crypto startup ZeroHash to open its online brokerage platform E-Trade to crypto trading.

Is JPM a Buy, Sell, or Hold?

On Wall Street, JPMorgan Chase’s shares currently have a Moderate Buy consensus rating. This is based on 11 Buys and six Hold issued by 17 analysts over the past three months.

However, the average JPM price target of $338.77 indicates about 13% growth potential from the current level.