JPMorgan considers offering loans backed by clients' cryptocurrency holdings, FT reports

FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo

(Reuters) -JPMorgan Chase is exploring plans to lend against clients' cryptocurrency holdings, the Financial Times reported on Tuesday, citing people familiar with the matter.

Reuters could not immediately confirm the report.