Analysts say Coinbase's partnership with JPMorgan Chase is a win for crypto adoption. The move highlights the banking sector's changing attitude towards digital assets.

JPMorgan Chase and Coinbase said they’re aiming to make buying crypto “easier than ever” by offering a “direct bank-to-wallet connection” to Coinbase accounts for Chase Ultimate Rewards points, starting next year. Coinbase account holders will also be able to fund their accounts with Chase credit cards starting this fall.

The Chase Coinbase partnership enables Chase customers to buy crypto instantly, redeem rewards for USDC, and link accounts by 2026.