Category: JPMorgan

JPMorgan Becomes First U.S. Bank to Offer Crypto Funds to Retail Wealthy Clients

On Thursday, July 22, Business Insider reported that JPMorgan has given a go-ahead to its advisors to offer clients crypto fund services. This is for the first time that the U.S. bank is expanding its crypto services from just ultra-wealthy clients now to retail-wealthy clients as well! In a memo published earlier this week on […]

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JPMorgan Begins Offering 5 Cryptocurrency Funds to Clients

JPMorgan Begins Offering 5 Cryptocurrency Funds to Clients

Global investment bank JPMorgan has reportedly green-lighted its advisors to provide clients with access to five cryptocurrency funds. The funds are available to all JPMorgan’s wealth management clients seeking investment advice. The move makes JPMorgan the first large bank to expand crypto trading access beyond just ultra-wealthy clients. JPMorgan Now Offers Access to Crypto Funds […]

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JP Morgan greenlights wealth management advisors to take crypto fund orders: Report

JP Morgan greenlights wealth management advisors to take crypto fund orders: Report

JP Morgan has opened the doors to wealth management clients looking to invest in crypto funds, as reported by Business Insider. Specifically, orders for Grayscale and Osprey‘s crypto-based offerings are now on the table for wealth management advisors at the U.S.’s largest bank. The move reportedly opens the gates for clients ranging from retail users […]

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JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest

JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest

JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset & Wealth Management. A Lot of JPMorgan Clients Consider […]

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Bitcoinization of El Salvador: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender

Bitcoinization of El Salvador: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender

JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” JPMorgan on the Bitcoinization of El Salvador JPMorgan & Chase’s […]

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JPMorgan: El Salvadors’ Bitcoin Adoption Could Pose Challenge for the Country

Wall Street giant JPMorgan isn’t quite happy with El Salvador making Bitcoin (BTC) a legal tender in the country. The banking firm noted that passing the Bitcoin law could pose a challenge for Bitcoin as well as the cryptocurrency itself. Analysts of JPMorgan noted that Bitcoin’s daily trading volume hits anywhere between $40 to $50 […]

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Goldman Sachs Sees More Potential in Ether Than Bitcoin

Goldman Sachs Sees More Potential in Ether Than Bitcoin

Global investment bank Goldman Sachs says ether is the cryptocurrency with the highest real use potential and it could overtake bitcoin as the dominant digital store of value. Ether Could Overtake Bitcoin as Dominant Store of Value, Says Goldman Sachs Goldman Sachs shared its view on the future outlook for bitcoin and ether in a […]

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Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’

Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’

The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last November, Sygnum Bank AG revealed that it is partnered with the company Taurus Group, a firm that also […]

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