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Which bank owns Bitcoin

Bitcoin is decentralized, meaning it operates outside the confines of the traditional banking system. Finding them is a hassle, but this doesn’t mean you can’t see which bank owns Bitcoin. Some banks still get involved in Bitcoin. While Bitcoin’s decentralized nature operates outside the realm of traditional financial institutions, certain banks have taken an interest in exploring the potential of cryptocurrencies.

The involvement of traditional banks in the ownership of Bitcoin has been a subject of both intrigue and caution. Some financial institutions have embraced owning Bitcoin as an investment, recognizing its emergence as a novel asset class. You need to check the policies and offerings of these banks to determine which bank owns Bitcoin.


Banks and Bitcoin

Many banks initially adopted a skeptical stance towards cryptocurrencies, with concerns about their volatility, lack of regulation, and potential for illicit use. Bankers and financial experts doubted the long-term viability of cryptocurrencies, viewing them as speculative assets rather than legitimate investments.

Subsequently, some banks started recognizing the importance of understanding this newly emerging technology. They started researching blockchain, the underlying technology behind Bitcoin. Its potential applications and benefits in their operations. Now, some banks are exploring integrating blockchain technology into their systems to enhance security, streamline processes, and improve transparency. The partnerships and collaboration have given birth to many innovative features, products, and services; a prevalent example would be the crypto debit cards.

These cards are connected to users’ cryptocurrency wallets and enable instant conversion of cryptocurrencies to fiat currency at purchase, allowing seamless spending at millions of merchants globally. Through these partnerships, users can access the convenience of using cryptocurrencies for everyday transactions while leveraging traditional financial institutions’ existing payment infrastructure and regulatory compliance measures, bridging the gap between the crypto world and traditional finance.

The most crucial relationship between banks and Bitcoins is that some banks have started offering custodial services for Bitcoin and other digital assets. They securely hold cryptocurrencies on behalf of institutional investors, providing them with secure storage solutions. Here is a list of which banks own Bitcoin.


Which Bank Owns Bitcoin

As mentioned earlier, banks use Bitcoin technology for different purposes. Let’s now delve into the list of which bank owns Bitcoin.



PlasBit may sound foreign to you, but it is a new and secure bank offering valuable services for crypto holders. Located in Poland and regulated by the Polish government, they provide custodial services with their PlasBit wallet. The PlasBit wallet is multi-coin supported, which means it can hold more than one type of coin. This way, you can manage, spend and keep track of your assets all in one place.

PlasBit use cold storage, considered the safest method of storing Bitcoin. Because users’ funds are securely stored offline, eliminating the risk of cyber theft. Apart from the wallet, PlasBit also offers Bitcoin transfers to and from over 130 countries worldwide. The best part is you can get the PlasBit debit card, which lets you convert your Bitcoin into fiat at any POS to make payments efficiently; it also works for online transactions. To conclude, the advantage of PlasBit over others in this list of which banks own Bitcoin is that it is a multipurpose platform. You can get many things done in one place, saving time, stress, and the awkwardness of dealing with multiple platforms.


Standard Chartered

Standard Chartered is a well-established international bank headquartered in London, United Kingdom. It operates in over 60 countries and serves clients across Asia, Africa, the Middle East, Europe, and the Americas. Standard Chartered is a global bank; it has one of the broadest reaches among this list of ‘which bank owns Bitcoin,’ and this global reach has allowed Standard Chartered to play a vital role in facilitating cross-border trade and investment, making it a preferred choice for businesses in these regions.

Standard Chartered’s investment in ErisX, a cryptocurrency exchange platform by Standard Chartered, reflects the bank’s interest in understanding the cryptocurrency landscape and potential investment opportunities in the emerging digital asset space. By participating in a prominent cryptocurrency exchange, the bank gains insights into the dynamics of the digital asset market. It explores the possibilities of offering cryptocurrency-related services to its clients.

Moreover, Standard Chartered’s interest in blockchain technology through various pilots and collaborations, such as its partnership with the R3 Corda blockchain platform, signifies its recognition of the transformative potential of distributed ledger technology (DLT). While not explicitly related to cryptocurrency investment, the exploration of blockchain is connected to the broader theme of digital assets, including cryptocurrencies.

Well-known trade experts like Blockdata have specified that the London-based Standard Chartered bank has invested $380 million in cryptocurrencies.


Morgan Stanley

Morgan Stanley is another popular name from this list of ‘which bank owns Bitcoin.’ This top global financial investment institution made headlines in March 2021 when it announced plans to offer its high-net-worth clients access to Bitcoin through three funds. These funds would allow the bank’s wealthy clients to invest in Bitcoin indirectly, providing exposure to the digital asset class without requiring them to hold the cryptocurrency directly. This move marked a significant step for the bank into the cryptocurrency investment landscape, catering to the growing demand for digital assets among institutional and high-net-worth investors. By offering Bitcoin investment options, Morgan Stanley recognized the increasing appeal of cryptocurrencies as a potential store of value and portfolio diversification asset.


JPMorgan Chase

JPMorgan Chase, one of the largest and most influential banks, has taken a more nuanced approach to cryptocurrency. While the bank’s CEO, Jamie Dimon, is known for his past criticism of Bitcoin, the bank has demonstrated an interest in exploring blockchain and digital currency technologies. In 2019, JPMorgan Chase established its cryptocurrency unit to explore the potential applications of blockchain and digital assets within the bank’s operations. Additionally, the bank introduced its digital currency called “JPM Coin” for internal testing and the transfer of institutional funds.

Although not a direct endorsement of cryptocurrencies like Bitcoin, these initiatives indicated the bank’s willingness to explore and leverage blockchain technology for financial services and payments. As JPMorgan Chase, a prominent global financial institution, explored the potential of blockchain and cryptocurrencies, it finally introduced its digital currency, the ‘JPM Coin.’ This innovative digital asset was designed to revolutionize payment settlement processes and enhance the efficiency of transactions within the bank’s ecosystem.


Goldman Sachs

Goldman Sachs, a renowned global investment bank, has demonstrated a dynamic interest in the cryptocurrency space, reflecting the evolving nature of the industry and its potential impact on the financial landscape. The bank’s initial move to establish a cryptocurrency trading desk, offering Bitcoin futures and non-deliverable forwards to its institutional clients, showcased its acknowledgment of the growing demand for exposure to digital assets among traditional investors’ this marked a notable step in bridging the gap between traditional finance and the cryptocurrency market. Goldman Sachs has explored the possibility of launching a Bitcoin exchange-traded fund (ETF), indicating its interest in providing clients with more accessible avenues for investing in Bitcoin. The proposed ETF would have enabled investors to gain exposure to Bitcoin through a regulated and familiar investment vehicle.

Goldman Sachs’ approach to the cryptocurrency space reflects the bank’s responsiveness to changing market dynamics and its recognition of the transformative potential of digital assets and blockchain technology.



As the cryptocurrency landscape continues to evolve, the prudent approach for investors is to stay vigilant, proactive, and well-informed in managing their cryptocurrency holdings and exploring the most suitable options for secure custody and growth. Now that you know which bank owns Bitcoin, utilizing banks as custodians for their Bitcoin holdings can offer more convenience and accessibility. Investors may find managing and monitoring their cryptocurrency assets alongside their traditional financial holdings within a single banking interface easier.

Additionally, we have learned from this article that banks often provide well-established customer support channels, making it easier for clients to seek assistance or resolve potential issues related to their Bitcoin holdings. While some banks, like Morgan Stanley and Standard Chartered, have explored the realm of digital assets through investments and partnerships, others, like BNY Mellon and Goldman Sachs, have delved into offering cryptocurrency-related services to their clients. Individuals considering entrusting their Bitcoin holdings to banks should carefully weigh the advantages and drawbacks of such a choice. Banks’ level of involvement and services in cryptocurrency can vary, and individuals should assess whether a bank’s offerings align with their specific needs and risk tolerance.

Our top recommendation for which bank owns Bitcoin goes to PlasBit. For the top security provided to clients, for the long list of features that users can enjoy conveniently. They even have a crypto debit card that converts crypto to fiat instantly, allowing you to spend money like a traditional bank. From this list of which bank owns Bitcoin, PlasBit is the one that has the highest involvement in cryptocurrency.

Which bank owns Bitcoin