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JPMorgan partners with Coinbase in first-ever bank integration for crypto access

J.P. Morgan building lights up the evening skyline (Adobe Stock Photo)
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J.P. Morgan building lights up the evening skyline (Adobe Stock Photo)
By Newsroom
July 31, 2025 02:17 PM GMT+03:00

Banking giant JPMorgan Chase and Coinbase have formed a partnership that, for the first time, enables a major bank to integrate direct access to a cryptocurrency exchange into its digital banking services.

Under the agreement, millions of JPMorgan Chase customers will gain direct access to their Coinbase accounts through the bank’s mobile app and online banking platform, enabling cryptocurrency trading and digital asset management within a unified financial ecosystem.

Wallet funding with reward points

The partnership includes:

  • With a direct bank-wallet connection, Chase customers will be able to integrate their bank accounts into their Coinbase wallets via JPMorgan's secure API infrastructure.
  • Chase Ultimate Rewards points can be transferred to Coinbase accounts at a 1:1 ratio (100 points = $1).
  • Direct funding to Coinbase accounts will be available with Chase credit cards.

The launch schedule for the features has been planned in stages. The credit card funding option is expected to be rolled out in Fall 2025, while the direct connection and point transfer features are expected to be available in 2026.

The Coinbase logo is displayed on a smartphone screen alongside a fiery Bitcoin image. (AA Photo)
The Coinbase logo is displayed on a smartphone screen alongside a fiery Bitcoin image. (AA Photo)

Confidentiality and security of customer data

Melissa Feldsher, head of Payments and Credit Innovation at JPMorgan Chase, said, “This partnership allows customers to evaluate their financial assets and rewards in more flexible ways while maintaining the privacy of their data.”

Max Branzburg, head of Consumer and Business Products at Coinbase, added, “This step is an important part of our goal to bring a new generation of users into the crypto ecosystem and expand access to financial services.”

JPMorgan Chase, with $3.7 trillion in assets, serves millions of customers globally and has maintained uninterrupted dividend payments for 55 years. Coinbase aims to expand economic freedom through its platform for trading, staking, storing, spending, and transferring crypto assets.

July 31, 2025 02:17 PM GMT+03:00
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