Wells Fargo files 'WFUSD' trademark covering crypto trading, payments and tokenization services

Wells Fargo & Company, the financial services giant with approximately $2.1 trillion in assets, has filed a trademark application in the U.S. for the wordmark “WFUSD,” according to records from the United States Patent and Trademark Office.

The application was filed on March 9, though it only appeared on the site early Wednesday. It is currently listed as “live” and “pending,” with the USPTO noting that it has met minimum filing requirements but has not yet been assigned to an examining attorney.

The trademark application spans three international classes. Class 009 includes downloadable software for digital asset trading, payments, and wallet functionality. Class 036 covers cryptocurrency trading and exchange services, as well as the processing and electronic provision of financial information related to digital assets. Class 042 includes software-as-a-service for tokenizing assets and operating blockchain-based trading and payment infrastructure, along with data encryption and electronic storage services.

The "WFUSD" name resembles ticker symbols commonly used for U.S. dollar-pegged stablecoins, and the filing also references software used to process stablecoin transactions.

Wells Fargo has not publicly commented on the trademark filings. The Block has reached out for comment.

Wells Fargo's crypto infrastructure push

The development follows Wells Fargo’s prior investments in cryptocurrency infrastructure. In February 2020, Wells Fargo Strategic Capital invested $5 million in blockchain analytics firm Elliptic, joining existing investors including SBI Holdings and Santander InnoVentures. 

In May 2022, the bank participated in a $105 million Series B round for crypto trading infrastructure firm Talos, alongside Citigroup, BNY Mellon, and DRW. The round valued Talos at $1.25 billion.

The trademark filing also aligns with recent commentary from the Wells Fargo Investment Institute, which said in a report in March 2025 that digital assets have “evolved into a viable investment asset.” 

The report cited low five- and ten-year correlations with traditional asset classes and classified digital assets as “part of real assets within an asset-allocation framework.” It further added that the bank views digital assets as “potential portfolio diversifiers.”

Wells Fargo reported net income of $5.36 billion, or $1.62 per diluted share, for the fourth quarter of 2025, up from $5.08 billion, or $1.43 per share, in the same period a year earlier.