Bitwise ranks banks with broadest crypto exposure, including BNY Mellon and JPMorgan
Crypto Briefing
Bitwise's new ranking highlights BNY Mellon and JPMorgan Chase as leaders in integrating cryptocurrency services into traditional global finance.Summary
Bitwise has identified traditional financial giants BNY Mellon and JPMorgan Chase as leaders in cryptocurrency integration. BNY Mellon stands out for its massive custodial role, particularly with the iShares Bitcoin ETP, and its expansion into Abu Dhabi. Meanwhile, JPMorgan Chase has focused on blockchain infrastructure via its Onyx division and institutional trading. This trend highlights the shift of banks from skeptics to essential infrastructure providers, though it also introduces new systemic risks should a significant crypto market downturn occur.
(Source：Crypto Briefing)