TechFlow News, March 11: According to The Block, on March 9, Wells Fargo filed a trademark application for “WFUSD” with the U.S. Patent and Trademark Office (USPTO), covering three categories: digital asset trading software, cryptocurrency trading and exchange services, and asset tokenization and blockchain-based payment infrastructure. The naming convention “WFUSD” closely resembles the ticker format used by U.S. dollar–pegged stablecoins, and the application explicitly references software for processing stablecoin transactions.
Wells Fargo currently holds approximately $2.1 trillion in assets. It has previously invested in blockchain analytics firm Elliptic and crypto trading infrastructure company Talos. Its investment research division also classified digital assets as an “investable asset class” in March 2025. Wells Fargo has not yet issued a public statement regarding this trademark application.
