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JPMorganChase (NYSE:JPM) and Coinbase Global (NASDAQ:COIN) announced a strategic partnership to make cryptocurrency buying easier for mutual customers.
The collaboration introduces features designed to enhance access and optionality, including direct bank-to-wallet connection, transfer of Chase Ultimate Rewards points, and ability to use Chase credit cards on Coinbase.
The direct bank-to-wallet and Ultimate Rewards features are expected to go live in 2026, and the ability to use credit cards to fund a Coinbase account in the Fall of 2025.
JPM shares were +0.15% pre-market to $297.50, while COIN was +0.98% to $375.07.
More on JPMorgan Chase, Coinbase
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- Coinbase seen widening losses to seventh consecutive session
- Indian crypto exchange CoinDCX denies report of Coinbase takeover talks