JPMorgan Chase, Coinbase Form Banking, Crypto Partnership

By Adriano Marchese

JPMorgan Chase and cryptocurrency exchange Coinbase Global are joining forces to make it easier and safer for Chase customers to buy digital currencies.

The two companies said in a joint statement Wednesday that the new strategic partnership will introduce new features such as direct bank-to-wallet connection and reward points transfers, as well as the ability to use Chase credit cards on the Coinbase platform.

Most of the new features will be available next year, they said.

Write to Adriano Marchese at adriano.marchese@wsj.com