Finance

JPMorgan Is Exploring Crypto Trading for Institutional Clients

The JPMorgan Chase & Co. headquarters in New York.

Photographer: Michael Nagle/Bloomberg

JPMorgan Chase & Co. is considering offering cryptocurrency trading to its institutional clients, as large banks around the world deepen their involvement in the asset class.

The Wall Street giant is assessing what products and services its markets division could offer to expand its footprint in cryptocurrencies, according to a person familiar with the plans. This could include spot and derivatives trading, said the person who asked not to be identified as the plans are not public.