Social media big Meta is registering eight new trademark functions associated to crypto and decentralized finance (DeFi) expertise.
According to latest filings made to the United States Patent and Trademark Office (USPTO), the corporate previously often called Facebook has requested to trademark a number of blockchain companies and different associated crypto applied sciences in a push towards launching their proprietary metaverse undertaking.
Meta applied to trademark a web-based social networking and relationship platform, together with a subdivision particularly custom-made for customers who put money into crypto property. They additionally utilized for the development of expertise associated to Web 3.0 functions, akin to e-commerce, DeFi, and gaming.
Furthermore, the corporate filed logos for digital publishing companies, a few of them related to digital actuality, monetary transaction companies needed to commerce and pay with cryptocurrencies, digital reality-based metaverse advertising, and communication services for the digital property on their community.
According to a statement by DC-based metaverse and non-fungible token (NFT) trademark legal professional Michael Kondoudis, Meta’s strikes sign that the tech big is able to make a splash within the monetary sector.
“These filings reflect the company’s strategy for moving into the metaverse. Meta clearly has significant plans for the virtual economy that will drive it. Meta’s latest trademark filings will surely be of interest to participants in the financial sector and beyond.”
Meta’s filings come on the heels of billionaire CEO Mark Zuckerberg asserting that the corporate’s widespread photo-based social media platform Instagram will quickly start supporting NFTs.
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