Wells Fargo submitted a trademark application for "WFUSD" to the United States Patent and Trademark Office (USPTO) on March 9. The business covers digital asset software, cryptocurrency exchange services, stablecoins and digital asset transaction processing software, as well as tokenization platforms. The application involves International Classes 009 (digital asset trading, payment, and wallet software), 036 (cryptocurrency trading and exchange services, electronic financial information provision), and 042 (asset tokenization SaaS and blockchain trading and payment infrastructure). The current status of the application is "Pending" and "In Review." Previously, Wells Fargo had invested in blockchain analytics company Elliptic and trading infrastructure company Talos. (The Block)

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