🔓 The largest bank in the USA is entering the crypto space!
🇺🇸 #JPMorgan has filed an application for the trademark JPMD, which could be interpreted as J.P. Morgan Digital or J.P. Morgan Dollar.
🖱 The bank has already launched its own blockchain network Kynexis and its own token JPM Coin (a closed centralized stablecoin for settlements with certain clients).
🏦 Through JPMD, the bank intends to integrate crypto into its ecosystem and plans to:
🟢Add the ability to trade, exchange, and store crypto;
🟢Introduce its open stablecoin for everyone;
🟢Create software for smart contract validation and tokenization.
📰 The news is already being amplified in major American publications. It is likely that other banks will follow JPMorgan.