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Galaxy Research Director: Speculates that JPMorgan Chase's "JPMD" trademark stands for "JPM Digital", or encompasses its digital asset business.
Odaily News Galaxy Digital’s research director Alex Thorn posted on X, stating: “I suspect this is JPM Digital, covering JPM’s upcoming digital asset business (rather than what many believe to be JPM Dollar).” However, stablecoins are likely to be part of it.