"Every single day, you see Merrill, you see Schwab, you see JPMorgan now they are allowing people to take out home mortgages against their bitcoin holdings at JPMorgan. This happened in a period of 18 months, my friends, he stressed, highlighting the expansion of the institutional adoption of Bitcoin."
"Eric Trump, son of President Donald Trump, co-founder and CSO of American Bitcoin, is predicting explosive growth in the reach of cryptocurrencies, which is already happening. During his appearance at the Consensus 2026 conference in Miami, Trump highlighted the achievements of the industry, which has managed to enter traditional finance companies."
Eric Trump, co-founder and CSO of American Bitcoin, spoke at Consensus 2026 in Miami about cryptocurrency's explosive growth and institutional integration. He highlighted that major financial institutions like JPMorgan, Merrill Lynch, and Charles Schwab now offer crypto as portfolio options and accept bitcoin as collateral for home mortgages. This institutional adoption occurred within an 18-month period. Trump's crypto involvement began after the Trump business faced debanking following January 6, 2021. He now participates in multiple crypto initiatives including American Bitcoin, World Liberty Financial, and maintains investments through 1789 Capital. The cryptocurrency industry has achieved established status within traditional finance, with many believing this represents only the beginning of broader adoption.
#cryptocurrency-adoption #institutional-finance-integration #bitcoin-collateral #wall-street-crypto-services
Read at news.bitcoin.com
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