Copy link
Increase text size
Decrease text size
Link copied

HSBC files trademark for crypto, NFT, metaverse-related products

The British banking giant recently filed trademark applications for digital currency products and services with the United States Patent and Trademark Office (USPTO).

Image by: Wikimedia Commons

Thu, 29 Dec 2022, 06:43 am UTC

The current crypto market downturn has not deterred HSBC from moving ahead with its crypto and metaverse-related plans. The British banking giant recently filed trademark applications for digital currency products and services with the United States Patent and Trademark Office (USPTO).

The United States Patent and Trademark Office (USPTO) has received two crypto-related applications from HSBC for its name and logo, according to Bitcoin.com. 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 with the USPTO.

“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!” Kondoudis posted on Twitter.

The trademark applications for HSBC's crypto-related products were submitted on December 15 and carry serial numbers 97718803 and 97718583. In its applications, the bank included a wide range of products and services, including the ability to transfer, receive, convert, and store digital currency.

HSBC’s applications also included some details for its metaverse-related products and services. These include “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.”

The British bank likewise included a number of NFT services in its trademark application. One service is described as “downloadable digital files authenticated by non-fungible tokens (NFTs).”

HSBC made its entry into the metaverse in March via a partnership with The Sandbox, a blockchain virtual gaming platform. However, what’s surprising is that back in September, HSBC Group’s CEO, Noel Quinn said that crypto is not in the bank’s future.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

  • Bitcoin (btc) $22,839.00 (-2.31%)
  • Ethereum (eth) $1,630.11 (-2.20%)
  • BNB (bnb) $326.19 (-2.70%)
  • USD Coin (usdc) $1.00 (-0.02%)
  • XRP (xrp) $0.397601 (-3.19%)
  • Bitcoin (btc) $22,839.00 (-2.31%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.