JPMorganChase (JPM) and Coinbase (COIN) announced a strategic partnership. This collaboration introduces features designed to enhance access and optionality for mutual customers. The initial phase of the partnership includes new features for mutual customers. Through JPMorgan’s API, Chase customers will be able to link their bank accounts to Coinbase wallets. Chase customers will be able to transfer their Chase Ultimate Rewards points to their Coinbase Account at one-to-one redemption ratio. This marks the first time a major credit card rewards program will be used to fund a crypto wallet. For the first time, customers will have the ability to fund their Coinbase accounts using Chase credit cards. The companies expect these direct bank-to-wallet and Ultimate Rewards features to go live in 2026, and the ability to use credit cards to fund a Coinbase account in Fall 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JPM:
- IonQ (IONQ) Hires JPMorgan Quantum Lead, Receives Buy Rating from Rosenblatt
- JPMorgan Could Snatch Apple Card Deal from Goldman Sachs
- JPMorgan in advanced talks to take over Apple credit card program, WSJ reports
- CVX, BP, SHEL: Oil Prices Rise 3% on U.S.-EU Trade Deal
- Firefly Aerospace (FLY) Is Valued at $5.5 Billion Ahead of IPO