Banking Behemoth HSBC Registers Trademarks for a Variety of Products Related to Digital Currency and the Metaverse

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The world’s largest bank, HSBC, has submitted trademark applications with the USPTO for a variety of digital currency goods and services, including those pertaining to the metaverse and non-fungible tokens (NFTs).

Applications for Trademarks by HSBC for Products and Services Related to Cryptocurrency

The United States Patent and Trademark Office has received two applications from HSBC for its name and logo that pertain to cryptocurrencies (USPTO).

HSBC’s trademark registrations reveal the bank’s plans for a number of digital products and services, including those connected to the exchange and transfer of virtual currencies, according to Mike Kondoudis, a trademark lawyer registered by the USPTO, who made the observation in a tweet on Friday.

The trademark applications for HSBC’s crypto-related products were submitted on December 15; their serial numbers are 97718803 and 97718583.

In its applications, the bank included a wide range of goods and services, including the ability to transfer, receive, convert, and store digital currency.

A number of other metaverse-related goods and services are listed in the trademark applications, including “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.” NFT services from HSBC were also featured, including “downloadable digital files authenticated by non-fungible tokens” (NFTs)

“A growing number of big businesses and financial institutions have applied for trademarks covering a variety of digital currency and metaverse goods and services.

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