Hyundai has filed three trademarks for electronic wallets with the Korea Intellectual Property Office, as reported by Chosun.

The trademarks were filed by the CEO of Hyundai BS&C — a subsidiary of Hyundai — for the brand names Altum, Atolo, and Rizon. They are all described as applications for digital wallets to hold cryptocurrencies.

The trademark applications indicate that the company may be looking to provide crypto trading, staking and issuance services. 

By Emily Mason