- This is evidenced by the application for registration of the trademark of the company
- It mentions NFTs, cryptocurrencies, as well as financial services in the metaverse
- The bank has yet to comment on the situation.
- In February of this year, a virtual representative office was opened by JPMorgan
Earlier this week, it was reported that banking giant HSBC had filed for a new trademark. It is directly related to financial and consulting solutions in the metaverse, which may indicate the company’s plans to expand into the Web3 space.
This was confirmed by US Patent Attorney Mike Kondoudis. According to his entry, the new HSBC trademark covers the following areas of activity:
- financial services, banking and consulting in the metaverse;
- virtual credit cards;
- NFT, trading platforms.
It follows from the application that HSBC is working on launching a virtual platform for mutual settlements on various meta-sites. It is possible that we are talking about a full-fledged representation of the counterparty.
HSBC has yet to comment on the situation. Interestingly, before that, Mastercard applied for registration of a new trademark. Apparently, large companies are again interested in the field of Web3, expecting a surge in demand for such solutions. This will not be the first major bank with a virtual representation. In February, JPMorgan opened a branch in Decentraland. And here you can even get advice or use the services of a counterparty.