Coinbase Partners with JPMorgan to Expand Crypto Access for 80 Million Customers Hamak Gold Invests £1.77 Million in Bitcoin, Joining Corporate Crypto Trend

's latest price was $, in the last 24 hours. Coinbase has entered a new agreement with JPMorgan Chase to expand crypto access for the bank’s 80 million customers. The partnership will allow Chase users to interact with digital assets directly through Coinbase-linked services, starting later this year. Beginning in the fall, Chase credit card holders will be able to fund their Coinbase accounts using their cards. Additional features will roll out in 2026, including the ability to link Chase bank accounts to Coinbase and redeem Chase Ultimate Rewards points for Circle’s USDC stablecoin, issued on Base, Coinbase’s Ethereum Layer 2 network. Coinbase highlighted the partnership as a step toward simplifying fiat-to-crypto conversion and giving traditional banking users more direct access to the crypto economy. The company also called the rewards conversion a first-of-its-kind offering, enabling consumers to turn loyalty points into digital dollars. These initiatives are part of Coinbase’s broader strategy to drive activity on Base, its custom Ethereum scaling solution. By enabling reward redemptions and account integrations directly on Base, the firm hopes to guide more users into on-chain experiences using familiar financial tools. Faryar Shirzad, Coinbase’s chief policy officer, described the collaboration as a meaningful step toward “bringing the next billion people on-chain.” He added that Coinbase remains focused on building user-friendly products while advocating for crypto policies that promote access, innovation, and responsible regulation. Despite the scale of the announcement, not everyone in the industry is on board with the deal. The firm’s CEO, Jamie Dimon, has long criticized cryptocurrencies, calling them speculative assets with no value. Yet the bank’s partnership with Coinbase suggests growing institutional interest, even as critics like Gemini’s Tyler Winklevoss accuse JPMorgan of stifling competition in fintech and digital assets.

Hamak Gold Limited has invested approximately £1.77 million in Bitcoin, acquiring 20 BTC through Archax, an FCA-regulated platform. This action aligns the company with corporate strategies like those of MicroStrategy and Tesla, enhancing balance sheet diversification. Hamak Gold Limited, a UK-listed entity, announced a strategic shift by acquiring 20 Bitcoins, partnering with Archax. The transaction, valued at approximately £1.77 million, signals a proactive approach to treasury management. The capital injection highlights the company’s move toward digital assets. Archax, an FCA-regulated digital asset exchange, facilitated the purchase, ensuring compliance with UK regulations. Simon Edwards, Head of Marketing at Archax, stated, "Our partnership with Hamak Gold Limited signifies a step towards integrating traditional finance with the rapidly evolving digital asset landscape, ensuring our clients are equipped to navigate this new domain." This partnership underscores the company's confidence in embracing cryptocurrency while maintaining strict regulatory practices, reflecting a growing trend in capital allocation strategies. The acquisition stands out as part of a broader pattern, potentially impacting both Bitcoin's market dynamics and the industry’s perception of cryptocurrency legitimacy. Other companies might follow this corporate strategy, increasing the adoption of Bitcoin. Financial markets remain vigilant, observing potential implications on Bitcoin's short-term value and broader industry trends. This move may spur discussions on cryptocurrency's role in corporate treasury strategies, influencing other businesses to consider similar actions. The involvement of Archax assures industry observance of regulatory clearances, promoting confidence among stakeholders. Technological advancements, alongside historical trends from firms like MicroStrategy, suggest continued interest in Bitcoin as a treasury asset, likely affecting future investments. This purchase by Hamak Gold enhances its strategic position in the evolving financial landscape.