Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
The gates of cryptocurrency are opening.
Recently, JPMorgan officially announced that it will allow institutional clients to use Bitcoin and Ethereum as collateral for loans. This decision may seem ordinary, but it is actually highly significant—it marks the formal recognition of the attributes of crypto assets by the traditional financial system.
How important is this shift? You can feel it by observing JPMorgan's change in attitude. The Wall Street giant's CEO once publicly stated that Bitcoin is "worthless," but now they are leading the way in opening the door to cryptocurrencies. From critics to adopters, what is behind this transformation? It is that crypto assets, after a decade of accumulation, have finally proven their value.
Starting from $5,000, Bitcoin has undergone a complete evolution from a geek experiment to an institutional asset. Holders have also endured a long wait—some had to sell at a loss when in urgent need of cash, simply because there were no more flexible capital utilization methods at the time. If crypto assets could be used as collateral like traditional assets to obtain liquidity, many life choices might have been different.
What exactly is JPMorgan doing? They do not hold crypto assets directly but manage collateral through third-party custodians. This "non-deliverable" model avoids risks while providing clients with real liquidity solutions. When traditional banks accept crypto assets as collateral, they are essentially acknowledging their store of value—something that holders have been eagerly awaiting for years.
This breakthrough addresses a core problem that has long troubled crypto asset holders: how to maintain ownership of assets while obtaining liquidity support. This is not only a victory for cryptocurrencies but also a signal that the entire market is maturing. From being marginalized to being included in institutional portfolios, crypto assets' decade-long journey of refinement is finally beginning to shine.
Friends who cut losses can step forward; finally, the moment we've been waiting for.
Really? Can it be used as collateral? Then I need to do some serious calculations.
Wall Street is truly a realist; once they smell money, they change their tune.
Ten years of sharpening the sword just for this moment, honestly, I’m overwhelmed.
This time, it’s truly institutional recognition, no longer just a "geeky hobby."
Not holding directly is a smart move—earning interest while avoiding risk.
Basically, it’s like saying, bro, we acknowledge your value, haha.
Finally, can we stop being laughed at? Wait, don’t get too excited just yet.
Liquidity has always been a pain point; now someone is finally solving it.
If this trend continues, how much longer will traditional finance struggle?
JPMorgan has taken the lead; will other big banks be far behind...
From being worthless to collateral, the turnaround is pretty quick, huh.
Ten years ago, mocking was worthless, and now they’re scrambling to collateralize. The face of capital is indeed thick-skinned.
If you can use coins to exchange for liquidity, can those who once cut losses come back to ask JPMorgan for some interest? Haha.
This time is truly different. Traditional finance has finally acknowledged that what we hold has value.
Suddenly, I feel that not cutting losses was the right decision. Wait for this mechanism to come out, and we’ll make a huge profit.
Back then, they mocked Bitcoin as worthless, and now they turn around and use it for lending... Isn't that ironic?
Finally, you can use coins as collateral. How many people should have been doing this all along?
Wait, a custodial institution? Still have to trust a third party. Something still feels missing.
From 5000 to now... Some people should have been holding all along. Don't ask me how I knew.
Wait, does this mean I can finally treat crypto as a real asset?
Honestly, it should have been like this a long time ago. Waiting ten years, is this all that's left?
But using third-party custody... can I really trust it?
They once said it was worthless, now they’re licking it. Capital is so realistic.
Wait, is this custodial model really safe? Or are we about to get cut again by middlemen?
My comment:
Really, after waiting so long, it finally makes some sense.
Those who took losses must be feeling really bad now...
JPM has been messing around for so long and finally responded, huh?
It’s all proven by the market anyway.
The question is, when will retail investors be able to use this collateralization method?
No, wait, letting a third party custody it still means no control, right?
Another new middle link, another new fee...
Alright, at least it’s not as awkward as before.
Traditional finance surrendering so slowly is truly incredible.
Once institutions come in, retail investors will have even less chance.
Finally, you can borrow money with crypto. Friends who were forced to sell in earlier years probably feel like crying to death.
This is the meaning of hodl—ten years of sharpening the sword just for this moment.
JPM not holding directly is actually smarter; third-party custody to mitigate risk. This is the play of professional players.
Traditional finance acknowledging crypto assets shows they know everything. The market has truly matured, and this time, the signal is solid.
---
How regretful are those who sold at a loss? If only there had been this collateral scheme earlier...
---
But speaking of which, can we really trust third-party custody? Or are there still some concerns?
---
From criticizing Bitcoin as worthless to now, tsk tsk, the slap in the face is really loud.
---
Liquidity solutions have indeed solved the problem, but could this instead push the coin price down?
---
Ten years sharpening the sword sounds nice, but I got in at five thousand dollars.
---
Now even old retail investors can borrow money with crypto? Or is it only institutions that can play?
---
Wall Street is really attractive. As soon as they turn around, they treat us like treasures.
---
Interesting, traditional finance finally admits that we are right.
People who sold off in the past probably regret it now. It would have been great if they had used it for collateral earlier.
Traditional finance has finally recognized us, very touching.
This time it's truly different. It's not hype; it's institutional recognition.
Impressive, from geek toys to Wall Street collateral, a decade of sharpening swords and now fame.
Third-party custody is a bit cautious, but at least it's a start.
I've been saying crypto assets are valuable for a long time. Now everyone finally believes it.
The sound of the door opening really feels so good.