#JPMorgan
JPMorgan has started accepting BTC and ETH as collateral, allowing institutional clients to access dollar liquidity without selling their crypto assets.
The bank issues loans backed by crypto, but with a safety margin — it considers only 50–70% of the asset's value to mitigate volatility risks.
In essence, BTC and ETH are beginning to be used as full-fledged financial collateral, on par with traditional assets like bonds.