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Market News

HSBC Files for NFT & Metaverse-related Trademarks

Written By Rikta Mandal
Published December 26, 2022 6:51 PM·Updated 1 year ago
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British multinational universal bank HSBC filed NFT and Metaverse-related trademark applications for its name and logo. HSBC filed with the United States Trademark and Patents Office (USPTO) on 15th December, 2022.

#HSBC has filed trademark applications for its name and logo. The applications indicate plans for:

▶️ Digital media backed by NFTs
▶️ Virtual currency exchange + transfer
▶️ Virtual credit card processing
…and more!#NFTs #Metaverse #Cryptocurrency #Blockchain #Crypto pic.twitter.com/RK1yegoYIh

— Mike Kondoudis (@KondoudisLaw) December 23, 2022

HSBC is looking to develop virtual goods, namely bank cards, cash cards, cheque cards, debit cards, and more authenticated by NFT for use in online virtual worlds. Processing of virtual payment card transactions, virtual prepaid cards, virtual debit cards, and virtual credit cards in the metaverse is also in the pipeline.

HSBC also wants to host an online website for the provision of financial information, data security services, online communities for digital assets, NFTs, metaverse, etc.

Also Read: HSBC Integrates with Ethereum in Hong Kong’s Project e-HKD+ Trials

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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