JPMorgan registers the trademark "JPMD" for cryptocurrency trading services

June 16, 2025

JPMorgan Chase is developing a blockchain-based digital deposit token to speed up cross-border payments, according to sources.

Source: JPMorgan

JPMorgan Chase, the leading investment and banking firm, has applied for the cryptocurrency trademark "JPMD" for trading and payment services. Recently, the firm has begun to shift its focus on cryptocurrencies, offering its banking clients access to buy Bitcoin. Now, JPMorgan seeks to secure the trademark to establish its own cryptocurrency trading service. Rumors are circulating that JPMD, or JP Morgan Dollar, a new stablecoin backed by US dollars, is in development.