Banking Monster HSBC Files Trademarks for an Extensive variety of Digital Currency and Metaverse Items

Banking giant HSBC has filed trademark applications with the US Patent and Trademark Office (USPTO) for an extensive variety of digital currency items and services, including those connected with the metaverse and non-fungible tokens (NFTs).

HSBC’s Trademark Applications for Crypto-Related Items and Services

HSBC has filed two crypto-related trademark applications for its name and logo with the US Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-authorized trademark attorney, noted in a tweet Friday that HSBC’s trademark applications demonstrate the bank’s arrangements for various digital items and services, including those connected with the exchange and move of virtual currencies.

HSBC’s crypto-related trademark applications were filed on Dec. 15; their chronic numbers are 97718803 and 97718583. The bank described a large number of items and services in its applications, including sending, receiving, converting, and storing digital currencies.

The trademark applications also detail a few metaverse-related items and services, for example, “working with secure payment transactions by electronic means in the metaverse,” “giving banking services in the metaverse, ” Virtual Visa, virtual check card, virtual pre-loaded card, and virtual payment card transactions can be processed in the metaverse.
“downloadable digital” is one of the NFT services incorporated by HSBC files verified by non-fungible tokens (NFTs).”

HSBC joined the metaverse by cooperating with blockchain virtual gaming platform The Sandbox in March. However, HSBC Group’s CEO, Noel Quinn, said in September that crypto isn’t in the bank’s future.

A rising number of large companies and financial services organizations have recorded trademark applications covering an extensive variety of digital currency and metaverse items and services. For instance, Visa, Paypal, and Western Association documented crypto-related trademark applications in October. Last month, JPMorgan Pursue was conceded a wallet trademark covering different virtual currency and payment services.