JPMorgan has filed a trademark application for “JPMD,” indicating the banking giant may be preparing to launch digital asset-based payment services. The filing suggests that JPMorgan is exploring new offerings in the crypto space, potentially including blockchain-powered transactions and digital wallet integration.
The trademark application, submitted to the U.S. Patent and Trademark Office, outlines a range of services tied to digital finance. These include electronic transfer of virtual currencies, financial clearing and settlement services, and software for processing crypto payments.
While the bank has not made an official announcement, the move aligns with JPMorgan’s broader interest in blockchain technology. The company has previously developed its own token, JPM Coin, and built blockchain infrastructure for institutional use through its Onyx platform.
This latest filing reinforces the bank’s position as a traditional financial institution actively bridging into the crypto ecosystem. If launched, JPMD could mark another step in the mainstream adoption of blockchain-based financial services.
