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Coinbase, JPMorgan Deal Signals Shift in Institutional Posture Towards Crypto: Bernstein

Summary by Coin Desk
Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major U.S. banks, according to a note on Wednesday from brokerage firm Bernstein. Rather than competing with crypto platforms, JPMorgan is choosing to integrate wi…

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bankingdive.com broke the news in on Wednesday, July 30, 2025.
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