Fun

Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products

News Feed - 2022-12-31 11:12:40

Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products


Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark Applications


Fidelity Investments filed three trademark applications with the United States Patent and Trademark Office (USPTO) last week for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity has $9.6 trillion in assets under administration as of Sept. 30; the financial services firm serves about 40 million individual investors.


Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted Monday: Fidelity has plans for the metaverse! The company has filed 3 trademark applications covering NFTs + NFT marketplaces, metaverse investment services, virtual real estate investing, cryptocurrency trading, and more.


The financial services giant’s trademark applications were filed on Dec. 21. Their serial numbers are 97727473, 97727439, and 97727409.


The applications specifically detail a vast number of products and services “in the metaverse and other virtual worlds,” including mutual fund investment services, retirement fund investment services, investment management services, financial planning, securities brokerage services, money management, financial analysis, and investment management.


Fidelity is no stranger to the metaverse. In April, the financial services firm opened a multi-level learning center called “The Fidelity Stack” in Decentraland. The firm also launched a metaverse exchange-traded fund (ETF) in the same 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 institutional investors for several years and recently began offering ether trading. The firm published a report earlier this year, 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 growing number of big corporations are filing cryptocurrency and metaverse-related trademark applications with the USPTO. This month, banking giant HSBC filed trademark applications for a range of digital currency and metaverse products. In October, Visa, Paypal, and Western Union similarly filed crypto-related trademark applications. Last month, JPMorgan Chase was granted a wallet trademark covering various virtual currency and payment services. Tags in this story fidelity, Fidelity cryptocurrency trademarks, Fidelity Investments, fidelity metaverse, Fidelity metaverse trademarks, Fidelity NFT trademarks, Fidelity non-fungible token trademarks, Fidelity trademark applications, Fidelity trademarks


What do you think about Fidelity filing trademark applications for a wide range of crypto, NFT, and metaverse products and services? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Kevin O"Leary"s Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam FEATURED | 1 day ago Nobel Prize Laureate Paul Krugman Compares Tesla to Bitcoin — They "Have More in Common Than You Think" FEATURED | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX Next articleBMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits


As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

News Feed

IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India
Stablecoin issuance could be key to the next Bitcoin rally — 10x Research
Martin Young3 hours agoStablecoin issuance could be key to the next Bitcoin rally — 10x ResearchTether and Circle issued more than $2.5 billion worth of stablecoins over the past week, and 10x Research believes continu
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
Blockfi CEO Says FTX Has an "Option to Acquire" Crypto Lender at a Price of up to $240M According to Blockfi’s co-founder Zac Prince, the company has signed definitive agree
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s large
Savannah Fortis10 hours agoGerman parliament member ’staunch opponent’ of digital euro, all in on BitcoinEuropean Union lawmakers anticipate the arrival of the digital euro, but German politician Joana Cotar is pushi
Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC
Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC The Central Bank of Nigeria has said it wants players in the country’s payment indus
Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back
Este artículo también está disponible en español. Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitco
Tom Blackstone3 hours agoCrypto funds see largest weekly inflows in more than a year: CoinSharesCrypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinS
Quik․com Marketplace Launches Minting of NFT Domain Names
Quik․com Marketplace Launches Minting of NFT Domain Names sponsored With the rapid technological advancements, digitalization has witnessed a golden age in the past few years.
Samsung SDS Beefs Up Privacy on Its Business-Grade Blockchain
Samsung SDS, the enterprise technology arm of the South Korean behemoth, is enhancing privacy on its Nexledger blockchain with zero-knowledge proofs (ZKPs). The company said Thursda
Bitcoin ‘Banana Zone’ is next if these 3 indicators play out
Ciaran Lyons5 hours agoBitcoin ‘Banana Zone’ is next if these 3 indicators play outBitcoin “Banana Zone” is on the horizon, but it will need to reverse these key metrics first to maintain a “sustainable recover