JPMorgan has filed a trademark for the digital asset platform while the Crypto embrace of Wall Street continues

Global Banking Giant JPMorgan Chase has filed a trademark application for a new crypto-focused platform with a JPMD, which signed that the bank is pushing deeper into digital properties.

According to Application Filed on Sunday at the US trademark and patent office, JPMD will offer services such as “providing trading, exchange, transfer, and payment services for digital assets” and “release of digital assets.”

Bank movements come as traditional financial institutions will consider Stablecoin issuance and asset managers release crypto investment products and explore asset tokenization.

JPMorgan CEO Jamie Dimon, who has long criticized cryptocurrencies, said last month the bank was Allow Its clients to buy bitcoin

. The bank recently added BTC ETF for the collateral of the loan for customers, and also mentioned to US banks that Reported held discussion about launching a stablecoin.

JPMorgan runs a private blockchain network payment Kynexis that processes more than $ 2 billion in the day -to -day transaction.