NYSE files a trademark application for trading NFTs

2 years ago

The world's largest banal speech whitethorn beryllium readying to bring concern into the Metaverse.

NYSE files a trademark exertion  for trading NFTs

The New York Stock Exchange, oregon NYSE, has filed a trademark exertion with the United States Patent and Trademark Office, oregon USPTO, connected Feb 10 to registry the sanction “NYSE” for respective blockchains and crypto related products and services. The goods specified see virtual world and augmented world software, nonfungible tokens, oregon NFTs, and online marketplaces.

According to the application, the fiscal speech would beryllium capable to supply “downloadable virtual goods” for NFTs and integer collectibles, arsenic good arsenic "authentication of information successful the tract connected NFTs utilizing blockchain technology." This is not the NYSE's archetypal foray into NFTs oregon the Metaverse. In April 2021, six NYSE NFTs were minted to commemorate the archetypal trades for Spotify, Snowflake, Unity, DoorDash, Roblox.

On the company's authoritative website, NYSE had stated that determination are "many much NYSE NFTs to travel arsenic we proceed to invited new, innovative companies to our community." This exertion indicates plans to motorboat an NFT marketplace for buyers, sellers and traders of "digital assets, artwork, collectibles, and nonfungible tokens."

There is besides a conception that details "cryptocurrency trading services" that would facilitate the "financial speech of virtual currency." Additionally, some downloadable and non-downloadable virtual world and augmented, arsenic good as application programming interface, oregon API, is included successful the exertion too.

Related: Is Walmart gearing up to participate the metaverse?

The New York Stock Exchange follows respective different nationalist companies that person filed trademark exertion not lone to support their brands but to signify their exploration into blockchain and NFTs. Recently, McDonalds submitted a trademark application to unfastened restaurants successful the metaverse.

Disney's patent for interactive attractions for taxable parkland visitors has alsbeen approved.

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