Analysts say Coinbase's partnership with JPMorgan Chase is a win for crypto adoption. The move highlights the banking sector's changing attitude towards digital assets.

U.S. banking giant JPMorgan partnered with Coinbase on Wednesday to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in fall 2025.

Nasdaq-listed Coinbase, the biggest US digital assets exchange, has been spearheading the push to change Wall Street attitudes towards crypto. Bernstein analysts wrote that the partnership means “Coinbase is not just acquiring new customers but going where the customer savings are.”