Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products – Featured Bitcoin News
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Fidelity Investments, a significant monetary companies agency with $10 trillion in belongings below administration, has filed a number of trademark purposes for a variety of cryptocurrency, non-fungible token (NFT), and metaverse services and products.
Fidelity’s Crypto and Metaverse Trademark Purposes
Fidelity Investments filed three trademark purposes with the USA Patent and Trademark Workplace (USPTO) final week for a variety of cryptocurrency, non-fungible token (NFT), and metaverse services and products. Fidelity has $9.6 trillion in belongings below administration as of Sept. 30; the monetary companies agency serves about 40 million particular person buyers.
Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted Monday:
Fidelity has plans for the metaverse! The corporate has filed 3 trademark purposes overlaying NFTs + NFT marketplaces, metaverse funding companies, digital actual property investing, cryptocurrency buying and selling, and extra.
The monetary companies large’s trademark purposes had been filed on Dec. 21. Their serial numbers are 97727473, 97727439, and 97727409.
The purposes particularly element an enormous variety of services and products “in the metaverse and other virtual worlds,” together with mutual fund funding companies, retirement fund funding companies, funding administration companies, monetary planning, securities brokerage companies, cash administration, monetary evaluation, and funding administration.
Fidelity is not any stranger to the metaverse. In April, the monetary companies agency opened a multi-level learning center referred to as “The Fidelity Stack” in Decentraland. The agency additionally launched a metaverse exchange-traded fund (ETF) in the identical month.
In November, Fidelity Investments started providing commission-free retail bitcoin and ether trading. Nevertheless, its subsidiary Fidelity Digital Property has been providing bitcoin companies to institutional buyers for a number of years and just lately started providing ether trading. The agency revealed a report earlier this 12 months, stating: “Bitcoin’s first technological breakthrough was not as a superior payment technology but as a superior form of money. As a monetary good, bitcoin is unique.”
A rising variety of large companies are submitting cryptocurrency and metaverse-related trademark purposes with the USPTO. This month, banking large HSBC filed trademark purposes for a spread of digital foreign money and metaverse merchandise. In October, Visa, Paypal, and Western Union equally filed crypto-related trademark purposes. Final month, JPMorgan Chase was granted a pockets trademark overlaying varied digital foreign money and fee companies.
What do you concentrate on Fidelity submitting trademark purposes for a variety of crypto, NFT, and metaverse services and products? Tell us within the feedback part beneath.
Kevin Helms
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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