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Category: CRYPTO NEWS
The post JPMorgan’s JPMD Trademark Signals Crypto Service Expansion appeared on BitcoinEthereumNews.com. JPMorgan filed JPMD trademark for crypto trading and payments USPTO filing covers digital asset issuance, custody, and transactions. JPMD may hint at a stablecoin, similar to USDC or PYUSD. The filing of the trademark application for JPMD by JPMorgan Chase indicates a major foray into blockchain services and cryptocurrencies by the financial institution. The filing, submitted on June 15, 2025, to the United States Patent and Trademark Office (USPTO), outlines plans for digital asset trading, exchange, transfers, payments, and issuance. This move marks a bold step for the banking giant in integrating blockchain technology into its financial offerings. JPMD Trademark Details There is a wide variety of digital asset services that are covered in the JPMD trademark application. These will involve trading and exchanging virtual currencies, processing payments, as well as issuing digital tokens, as explained in the USPTO filing. The filing also refers to custody services and safe online financial transactions, which means a full-scale approach to blockchain-based finance. The brand mark is registered in the Principal Register and is still under review, which is an indicator of the initial stage of development. JPMorgan’s history with blockchain is well-established. Its proprietary network, Kinexys, handles more than 2 billion dollars worth of transactions each day. Additionally, the bank operates JPM Coin, launched in 2019, and handles daily institutional payments of one billion dollars. The JPMD initiative appears to expand on this, potentially extending the services further.external clients. Potential Stablecoin Development Adding the JPMD to its name has raised the suspicion of a stablecoin offering. Industry observers profess its resemblance to stablecoin nomenclatures, e.g. USDC or PYUSD. This theory is backed by the fact that the filing is focusing on the issuance and payments of digital assets, and JPMorgan has not indicated intentions to produce a stablecoin. An institutional token can…
2025-06-18T02:42:07+00:00