JPMorgan Chase is exploring offering loans backed by clients' cryptocurrency holdings, potentially launching as early as next year with bitcoin and ethereum as collateral, the Financial Times reported on July 22, 2025. This move represents a significant shift from CEO Jamie Dimon's previous stance, who eight years
San Francisco-based Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using Sam Altman's iris-scanning World ID platform to verify borrowers. The company offers loans under $1,000 in USDC stablecoin, mainly targeting overseas borrowers underserved by traditional finance. According to founder Diego Estevez,
Architect is launching the first institutional-grade credit ratings service for crypto to fill a gap in the digital assets market, similar to how traditional finance's Moody's operates, since most TradFi ratings agencies just won't touch crypto. According to Ruben Amenyogbo, Architect's Founder,
Anthony Pompliano has announced a $1 billion merger to create ProCap Financial through SPAC Columbus Circle Capital I, securing over $750 million in initial funding for its bitcoin treasury, representing a record for public bitcoin-focused companies. The merger agreement between ProCap BTC and NASDAQ-listed Columbus Circle Capital I includes $516.
