Rich by Coin

JPMorgan is exploring crypto trading services for institutional clients, including spot and derivatives products. JPMorgan Chase is weighing whether to offer cryptocurrency trading services to institutional clients. The move would make the largest U.S. bank by assets one of the most prominent financial institutions yet to consider entering the crypto trading space for major clients. JPMorgan is assessing different types of products, including spot and derivatives trading, but has not committed to launching any specific service.

The decision will depend on client demand, perceived risks and whether the bank sees long-term business opportunities in the sector. Coinbase Prime is one of the leaders in the U.S. as a crypto trading platform tailored for institutions, but competition is growing. Bullish, which owns CoinDesk, operates a digital asset exchange built for institutional trading. Kraken has a similar offering through its Kraken Institutional platform.

Several other firms, including Fidelity Digital Assets and Galaxy Digital, are also active in the space. Now JPMorgan could be added to the mix. The U.S. regulatory environment around crypto has started to show signs of change, with an important crypto bill expected to be passed soon. That decision gave many institutions more confidence that digital asset markets are maturing under clearer rules, even as prices remain choppy through the end of the year.

A representative for JPMorgan didn’t provide a comment on the story immediately. JPMorgan Chase is weighing whether to provide cryptocurrency trading services to institutional clients, including spot and derivatives products. The bank has not committed to launching any specific service, and decisions will hinge on client demand, risk considerations, and whether long-term opportunities exist in the sector. The competitive landscape features Coinbase Prime and Kraken Institutional, among others such as Fidelity Digital Assets and Galaxy Digital, all offering institutional-focused platforms.

The regulatory environment around crypto has begun to shift, with a crypto bill expected to pass soon, boosting confidence that digital asset markets are maturing under clearer rules. A JPMorgan spokesperson did not immediately comment on the story.)