JPMorgan Chase, one of the largest banks in the United States, has submitted an application to the U.S. Patent and Trademark Office (USPTO) for the registration of a new trademark, JPMD. This move indicates the bank’s increased activity in the field of crypto assets and blockchain technologies.
This is reported by Бізнес • Медіа
New Trademark JPMD: Features and Directions
The JPMD trademark application covers a wide range of services related to virtual assets. These include cryptocurrency trading, exchange and transfer of digital assets, provision of payment solutions, issuance of blockchain-based assets, brokerage services, and electronic money transfers. Thus, the bank aims to expand its presence in the financial technology and digital asset markets.
Possible Launch of a Stablecoin and the Bank’s Previous Experience
Following the application, numerous speculations arose within the cryptocurrency community regarding the potential issuance of its own dollar stablecoin under the JPMD brand. In particular, at the end of May 2025, The Wall Street Journal reported that several major American banks, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are considering the creation of a joint stablecoin.
“The new trademark of JPMorgan Chase touches on several areas of activity. Among other things: trading in virtual assets, exchange, transfer, provision of payment services, issuance of blockchain-based assets, brokerage activities, electronic money transfers, and more.”
For JPMorgan Chase, this is not the first experience with blockchain. Back in 2019, the bank launched the JPM Coin stablecoin, which was pegged not only to the U.S. dollar but also to other currencies. Additionally, the bank’s Kinexys platform participated in the execution of the first-ever cross-chain Delivery versus Payment (DvP) transaction, highlighting the company’s innovative approach to developing financial services.
Currently, the application for the registration of JPMD is under review by the USPTO, but a final decision on its approval has not yet been made at the time of this news preparation.