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Banking big HSBC has filed trademark purposes with the US Patent and Trademark Workplace (USPTO) for a variety of digital forex services and products, together with these associated to the metaverse and non-fungible tokens (NFTs).
HSBC’s Trademark Purposes for Crypto-Associated Merchandise and Providers
HSBC has filed two crypto-related trademark purposes for its identify and brand with the US Patent and Trademark Workplace (USPTO). Mike Kondoudis, a USPTO-licensed trademark legal professional, famous in a tweet Friday that HSBC’s trademark purposes point out the financial institution’s plans for plenty of digital services and products, together with these associated to the change and switch of digital currencies.
HSBC’s crypto-related trademark purposes had been filed on Dec. 15; their serial numbers are 97718803 and 97718583. The financial institution described a variety of services and products in its purposes, together with sending, receiving, changing, and storing digital currencies.
The trademark purposes additionally element a number of metaverse-related services and products, reminiscent of “facilitating safe cost transactions by digital means within the metaverse,” “offering banking companies within the metaverse,” and “offering processing of digital bank card, digital debit card, digital pay as you go card, and digital cost card transactions within the metaverse.” HSBC additionally included plenty of NFT companies, reminiscent of “downloadable digital information authenticated by non-fungible tokens (NFTs).”
HSBC joined the metaverse by partnering with blockchain digital gaming platform The Sandbox in March. Nevertheless, HSBC Group’s CEO, Noel Quinn, stated in September that crypto is not in the bank’s future.
An rising variety of main firms and monetary companies establishments have filed trademark purposes protecting a variety of digital forex and metaverse services and products. For instance, Visa, Paypal, and Western Union filed crypto-related trademark purposes in October. Final month, JPMorgan Chase was granted a pockets trademark protecting varied digital forex and cost companies.
What do you consider HSBC submitting trademark purposes for crypto-related services and products? Tell us within the feedback part under.
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