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Constancy Investments, a serious 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.
Constancy’s Crypto and Metaverse Trademark Functions
Constancy Investments filed three trademark purposes with america Patent and Trademark Workplace (USPTO) final week for a variety of cryptocurrency, non-fungible token (NFT), and metaverse services. Constancy has $9.6 trillion in belongings below administration as of Sept. 30; the monetary companies agency serves about 40 million particular person traders.
Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted Monday:
Constancy 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 big’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 “within the metaverse and different digital 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.
Constancy isn’t any stranger to the metaverse. In April, the monetary companies agency opened a multi-level learning center referred to as “The Constancy Stack” in Decentraland. The agency additionally launched a metaverse exchange-traded fund (ETF) in the identical month.
In November, Constancy Investments started providing commission-free retail bitcoin and ether trading. Nevertheless, its subsidiary Constancy Digital Property has been providing bitcoin companies to institutional traders for a number of years and just lately started providing ether trading. The agency revealed a report earlier this yr, stating: “Bitcoin’s first technological breakthrough was not as a superior cost know-how however as a superior type of cash. As a financial good, bitcoin is exclusive.”
A rising variety of huge firms are submitting cryptocurrency and metaverse-related trademark purposes with the USPTO. This month, banking big 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 numerous digital foreign money and cost companies.
What do you concentrate on Constancy submitting trademark purposes for a variety of crypto, NFT, and metaverse services? Tell us within the feedback part under.
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