Galaxy Digital: "JP Morgan's 'JPMD' trademark is presumed to be related to JP Morgan's digital asset business"
Uk Jin
Summary
- News that JP Morgan has filed for the 'JPMD' trademark is drawing attention in the crypto asset community.
- Alex Thorn, Head of Research at Galaxy Digital, stated that JPMD is presumed to be related to JP Morgan's digital asset business.
- The JPMD trademark application specifies the future provision of digital asset issuance, trading, exchange, transfer, and payment services.
The world's largest investment bank, JPMorgan Chase & Co., has filed a trademark application for 'JPMD', sparking active discussion within the crypto asset (cryptocurrency) community.
On the 16th (local time), Alex Thorn, Head of Research at Galaxy Digital, stated, "In my opinion, JPMD is presumed to be related to JPMorgan's digital asset business," adding, "There is also a high possibility that it could be a stablecoin."
The trademark application for JPMD specifies that it will "provide issuance, trading, exchange, transfer, and payment services for digital assets in the future."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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