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JP Morgan Registers Trademark for a New Cryptocurrency Wallet

Cointime Staff· 1 min read

U.S. Patent and Trademark Attorney Michael Kondoudis announced that JP Morgan & Chase Co, the largest bank in the United States— and one of the largest financial companies in the world— registered a patent to venture into the Web3 with a digital crypto wallet.

According to Kondoudis, the U.S. Patent and Trademark Office (USPTO) approved the application by JP Morgan & Chase Co.on November 15. The wallet will offer services like virtual currency transfer and exchange, crypto payment processing, virtual checking accounts, and financial services.

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