1 year ago
Fidelity Investments, a large fiscal services steadfast with $10 trillion successful assets nether administration, has filed respective trademark applications for a wide scope of cryptocurrency, non-fungible token (NFT), and metaverse products and services.
Fidelity’s Crypto and Metaverse Trademark Applications
Fidelity Investments filed 3 trademark applications with the United States Patent and Trademark Office (USPTO) past week for a wide scope of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity has $9.6 trillion successful assets nether medication arsenic of Sept. 30; the fiscal services steadfast serves astir 40 cardinal idiosyncratic investors.
Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted Monday:
Fidelity has plans for the metaverse! The institution has filed 3 trademark applications covering NFTs + NFT marketplaces, metaverse concern services, virtual existent property investing, cryptocurrency trading, and more.
The fiscal services giant’s trademark applications were filed connected Dec. 21. Their serial numbers are 97727473, 97727439, and 97727409.
The applications specifically item a immense fig of products and services “in the metaverse and different virtual worlds,” including communal money concern services, status money concern services, concern absorption services, fiscal planning, securities brokerage services, wealth management, fiscal analysis, and concern management.
Fidelity is nary alien to the metaverse. In April, the fiscal services steadfast opened a multi-level learning center called “The Fidelity Stack” successful Decentraland. The steadfast besides launched a metaverse exchange-traded fund (ETF) successful the aforesaid month.
In November, Fidelity Investments began offering commission-free retail bitcoin and ether trading. However, its subsidiary Fidelity Digital Assets has been offering bitcoin services to organization investors for respective years and precocious began offering ether trading. The steadfast published a study earlier this year, stating: “Bitcoin’s archetypal technological breakthrough was not arsenic a superior outgo exertion but arsenic a superior signifier of money. As a monetary good, bitcoin is unique.”
A increasing fig of large corporations are filing cryptocurrency and metaverse-related trademark applications with the USPTO. This month, banking elephantine HSBC filed trademark applications for a scope of integer currency and metaverse products. In October, Visa, Paypal, and Western Union likewise filed crypto-related trademark applications. Last month, JPMorgan Chase was granted a wallet trademark covering assorted virtual currency and outgo services.
What bash you deliberation astir Fidelity filing trademark applications for a wide scope of crypto, NFT, and metaverse products and services? Let america cognize successful the comments conception below.
Kevin Helms
A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.
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