J.P. Morgan just registered its own wallet called J.P. Morgan Wallet (TM).

Recently, the banking giant, JP Morgan officially registered and trademarked their crypto wallet, J.P. Morgan Wallet (TM).

According to the bank's website, the wallet would be capable to automate an infinite number of payments through "Real-time Virtual Sub-ledgers," suggesting support for different cryptocurrencies.

Furthermore, their website also suggests that their wallet would support some kind of rewards system to "Deepen customer loyalty with programs that incentivize them to keep their funds in your ecosystem.'

JP Morgan's trademark filing is a big move for the bank, which has been vocal in its criticism of Bitcoin and other digital currencies. However, the launch of its own cryptocurrency wallet could signal a change in attitude, and perhaps even a move towards creating its own digital currency.

Sources:

https://www.jpmorgan.com/solutions/treasury-payments/jpmorgan-wallet

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JP Morgan Wallet Patent retrieved from Twitter