The United States Patent and Trademark Office (USPTO) has obtained trademark applications from HSBC for a number of goods and services related to digital currencies, such as the metaverse and non-fungible tokens (NFTs).
HSBC Trademark Applications for Cryptocurrency-Related Goods and Services
HSBC has filed two trademark applications with the U.S. Patent and Trademark Office for its name and logo that are related to cryptography (USPTO). Mike Kondoudis, who has a license from the USPTO to practice trademark law, tweeted on Friday that HSBC’s trademark registrations show that the bank wants to offer a wide range of digital products and services, including those related to the exchange and transfer of virtual currencies.
On December 15, HSBC sent in trademark applications with cryptography-related serial numbers 97718803 and 97718583. The bank’s mobile apps explained a wide range of products and services, such as how to send, receive, convert, and hold digital currency.
The trademark applications also describe a number of products and services related to the metaverse, such as “facilitating secure payment transactions by electronic means in the metaverse,” “providing banking services in the metaverse,” and “providing processing of virtual credit card, virtual debit card, virtual prepaid card, and virtual payment card transactions in the metaverse.” HSBC also offered a number of services that used non-fungible tokens (NFTs), such as “downloadable digital files that were verified by NFTs.”
In March, HSBC joined the metaverse by working with The Sandbox, a blockchain-based company that makes virtual games. Noel Quinn, the CEO of HSBC Group, said in September that the company has no plans to use cryptocurrency.
More and more multinational companies and financial institutions have filed trademark applications for goods and services that have to do with digital currency and the metaverse. In October, a number of companies, including Visa, PayPal, and Western Union, filed trademark applications related to cryptocurrency. Last month, JPMorgan Chase got a wallet trademark that covers a number of virtual currencies and payment services.
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