HSBC has filed two crypto-related trademark applications for its name and logo with the United States Patent and Trademark Office (USPTO)
In brief:
These include trademark applications for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs)
The trademark applications detail several metaverse-related products and services, 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 included a number of NFT services, such as “downloadable digital files authenticated by non-fungible tokens (NFTs)”
What does this mean?
Whilst Group CEO, Noel Quinn, said in September that crypto is not in the bank’s future, HSBC joins a number of leading institutions, such as Visa, PayPal, and JPMorgan, in filing trademark applications covering a wide range of digital currency and metaverse products and services.
