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HSBC is Starting Crypto Services! The Trademark Application Has Already Been Filed!

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HSBC has registered trademarks for several digital currencies and metaverse products. Fidelity filed three trademark applications covering NFTs on December 21.

HSBC, the British international bank, has filed an application with the United States Patent and Trademark Office (USPTO) for several types of financial and digital products and services, including those related to the metaverse and non-fungible tokens (NFT). And Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted on December 23 that HSBC has filed for a trademark for exchanges and virtual money transfers. In HSDC filed series 97718803 and 97718583 on December 15, the bank listed a number of products and services in its application, including sending, receiving, exchanging and saving digital money.

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HSBC app included

And the application includes many details of products and services related to the metaverse, such as providing security for electronic business payments in the way of the metaverse, supporting banking services in the metaverse and processing of virtual credit cards, virtual debit cards, virtual credit cards cards, and virtual currency business cards in the metaverse. HSBC offered many NFT services, such as downloading digital files backed by non-fungible tokens.

In March, HSBC entered the metaverse by partnering with virtual gambling platform The Sandbox, and in September HSBC Group CEO Noel Quinn said cryptocurrency is the future of developing assets. A significant number of large corporations and financial institutions have filed trademark applications for various digital currencies and metaverse products and services.

In October, for example, major corporations such as Visa, Paypal, and Western Union filed trademark applications related to crypto. And, on December 21, Fidelity filed three trademark applications covering NFT, NFT trading platform, Metaverse investment service, real estate investment and cryptocurrency exchange. JPMorgan Chase also acquired a wallet brand last month covering a variety of financial and payment services.

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