JPMorgan Chase has initiated the process of registering a new trademark, JPMD, with the United States Patent and Trademark Office (USPTO), taking a step towards expanding its presence in the blockchain technology and crypto-assets market.
This is reported by Finway
JPMD: New Opportunities for the Bank in Digital Finance
The trademark application covers a range of areas related to digital assets, including trading and exchanging virtual assets, electronic money transfers, launching payment services, issuing blockchain assets, brokerage activities, and other financial services based on cutting-edge technologies.
According to the USPTO, JPMorgan Chase’s application has already been accepted for review, but a final decision on its approval has not yet been made. The timeline for when this may occur is currently unspecified.
Prospects for Launching a Stablecoin and the Bank’s Previous Experience
The bank’s recent steps have sparked lively discussions in the cryptocurrency community. Some experts believe that JPMorgan Chase may be planning to launch its own dollar-backed stablecoin. This opinion emerged in light of recent information released in May 2025, indicating that major American banks, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are considering the creation of their own stablecoin.
“JPMorgan Chase has filed an application with the United States Patent and Trademark Office (USPTO) for the registration of JPMD. The company’s new product directly impacts the blockchain and crypto-assets sector.”
It is worth noting that JPMorgan Chase has experience with blockchain technologies. Back in 2019, the bank launched its own stablecoin, JPM Coin, which was pegged not only to the dollar but also to other currencies. Additionally, the Kinexys banking platform, owned by JPMorgan Chase, participated in the world’s first cross-chain Delivery versus Payment (DvP) transaction, demonstrating the potential for integrating innovative solutions into the traditional financial sector.