JPMorgan Chase and Coinbase Join Forces to Simplify Cryptocurrency Purchasing Like Never Before
JPMorgan Chase, one of the world's leading financial services firms, has formed a strategic partnership with Coinbase, a NASDAQ-listed company (COIN). This partnership aims to provide a trusted platform for people and institutions to engage with crypto assets.
The initial phase of the partnership includes a direct bank-to-wallet connection for Chase customers. Beginning in Fall 2025, customers will have the ability to fund their Coinbase accounts using Chase credit cards. Eligible JPMorgan Chase customers will also be able to transfer their Chase Ultimate Rewards points to their Coinbase Account. This marks the first time a major credit card rewards program will be used to fund a crypto wallet.
JPMorgan Chase operates in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. The company, with assets of $3.7 trillion and operations worldwide, serves millions of customers in the U.S. and many prominent corporate, institutional, and government clients globally.
Max Branzburg, Head of Consumer & Business Products at Coinbase, expressed excitement about the partnership, stating it will onboard the next generation of consumers into crypto. Melissa Feldsher, Head of Payments and Lending Innovation for JPMorganChase, added that the partnership empowers customers to take control of their financial futures.
JPMorgan Chase also provides critical infrastructure for onchain activity and supports builders who share the vision that onchain is the new online. The partnership with Coinbase aligns with this vision, as it aims to make the benefits of crypto available around the world.
For media inquiries about JPMorgan Chase, contact Trish Wexler at 202.916.3206 or [email protected]. The partnership and its features are expected to go live in 2026 for the direct bank-to-wallet and Ultimate Rewards features, and in Fall 2025 for the ability to use credit cards to fund a Coinbase account.
The author of the press release is Business Wire. This partnership is a significant step towards making crypto more accessible and mainstream, and it will be interesting to see how it unfolds in the coming years.
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