- Wells Fargo has filed a “WFUSD” trademark application covering cryptocurrency trading, payments, and blockchain software services.
- The USPTO filing outlines a broad range of potential digital asset services, including trading, staking, and tokenization.
- This move aligns with a broader push by major U.S. banks, including a reported joint stablecoin project involving Wells Fargo, JPMorgan, and others in 2025.
Wells Fargo formally signaled a major expansion into digital assets this week by submitting a sweeping “WFUSD” trademark application to the US Patent and Trademark Office (USPTO) according to official records. The filing, which is awaiting assignment to an examining attorney, seeks protection for a wide array of cryptocurrency and blockchain services.
Specifically, the application lists services like cryptocurrency exchange, payment processing, and electronic transfers of virtual currencies. It also covers downloadable software for managing digital wallets, staking assets, and accessing non-fungible tokens (NFTs).
Consequently, the trademark extends to software-as-a-service platforms for tokenizing assets and verifying blockchain transactions. The filing further includes authentication services and data feeds for blockchain-based smart contracts.
However, trademark filings do not guarantee an imminent product launch; companies often use them to secure branding for potential offerings. Wells Fargo is a prominent member of the “Big Four” U.S. banking institutions, making this move particularly notable.
Meanwhile, this action follows a broader industry trend as major banks intensify their focus on digital currencies. Several major U.S. banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo itself, reportedly discussed a joint stablecoin project in 2025.
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