JPMorgan Chase Files New Trademark Application for “JPMD”
JPMorgan Chase has filed a new trademark application for “JPMD,” signaling its intent to expand deeper into blockchain-based financial services. While the filing doesn’t directly mention a stablecoin, it outlines a wide range of digital asset capabilities—including payments, trading, transfers, asset issuance, and debt settlement—built on distributed ledger technology.
This move builds on JPMorgan’s ongoing blockchain efforts, particularly through its Kinexys platform (formerly Onyx), which powers the JPM Coin. That system, pegged to major fiat currencies, has already processed over $1.5 trillion in transactions and averages $2 billion daily.
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The bank has also been active in asset tokenization through its Tokenized Collateral Network, which enables near-instant collateral transfers. Despite CEO Jamie Dimon’s past criticism of crypto, JPMorgan remains one of the most active banks in blockchain innovation. The filing comes amid renewed interest in stablecoins from major institutions like Bank of America and tech giants such as Amazon and Walmart, as U.S. regulators gradually warm up to the sector.
About Alexander Stefanov
With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.
