Investors have lost confidence in cryptocurrency exchanges. JPMorgan sees an opportunity.

Chain of failures in the crypto business stranded millions of dollars of customer funds this year, underscoring the level of trust required for teams that are custodians of digital assets.

JPMorgan Chase

can see an opportunity.

US Patent and Trademark Office on November 15 trademark approval for “JP Morgan Wallet”, the largest US bank positioning that can expand into crypto custody solutions. The trademark registration, announced on Monday, was launched after filing in July 2020 by

JPMorgan Chase

(code: JPM).


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