JPMorgan Files JPMD Trademark For Crypto Services
JPMorgan Chase has filed a new trademark application in the US for “JPMD” — signaling a potential expansion of its blockchain and crypto services and amplifying speculation of a stablecoin offering.
JPMorgan’s application to the US Patent and Trademark Office on Sunday outlines a wide range of crypto-related services, including digital asset trading, exchange, transfer, clearing and payment processing.
The broad list of services could suggest that JPMorgan is exploring carrying out more of its financial services on blockchain rails, including a stablecoin offering.
JPMorgan could have a stablecoin in the pipeline
While the term “stablecoin” wasn’t mentioned, a May 22 report from The Wall Street Journal stated that JPMorgan and…
