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JPMorgan to Launch ‘Cryptocurrency Exposure Basket’ Debt Instrument

JPMorgan to Launch ‘Cryptocurrency Exposure Basket’ Debt Instrument


CryptoGlobe
2021-03-10 12:19:00

After JPMorgan Chase published a report warning financial companies they risk falling behind in digital finance, the bank is looking to issue debt linked to cryptocurrency-focused companies. The debt instrument, called the J.P. Morgan Cryptocurrency Exposure Basket, is long on several companies with exposure to cryptoassets or associated with the industry. These include MicroStrategy, Square, Riot […]


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