JPMorgan (JPM) will allow trading and wealth-management clients to use cryptocurrency-linked assets as collateral for loans, starting with BlackRock’s (BLK) iShares Bitcoin (BTC) Trust, Bloomberg’s Emily Nicolle and Hannah Levitt report. The bank will also consider clients’ crypto holdings when assessing their overall net worth and liquid assets, similar to stocks, cars, or art, according to people familiar with the matter. Publicly traded companies in the space include Bit Digital (BTBT), Bitfarms (BITF), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Mara Holdings (MARA), Riot Platforms (RIOT), Strategy (MSTR), Stronghold Digital Mining (SDIG) and TeraWulf (WULF).
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