According to Bloomberg, JPMorgan Chase & Co will allow institutional investors to use Bitcoin or Ether as collateral for loans.
article (under paywall)
As soon as the end of 2025, clients can hand over their Bitcoin or Ethereum return for loans of real fiat money.
The custody of the crypto asset will be handled by a third-party.
#Digitalassets #innovationcommunity
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Todor Kostov
Director
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