Fidelity Files Trademark Application For An NFT Marketplace

According to a tweet from trademark lawyer Mike Kondoudis on Monday, the American asset management company Fidelity Investments has filed multiple trademark registrations that show its aspirations for Web3-related services integrating cryptocurrencies, non-fungible tokens (NFTs), and the metaverse.

According to the documents, the business is willing to provide crypto wallet services as well as trading and administration platforms in the metaverse.

Fidelity Investments Trademark filing (Source: USPTO)

“Providing business information to financial service providers by means of an internet website, in the field of business marketing in the metaverse and other virtual worlds; referral services in the field of investment advice and financial planning in the metaverse and other virtual worlds,” one filing says.

Along with payment services like electronic bill payments and cash transfers, it may also offer a range of investment services, including mutual funds, retirement funds, and financial planning in the metaverse.

Fidelity also discusses the potential for setting up an online market for NFTs and digital media.

Despite the year-long struggles of the cryptocurrency market, Fidelity’s interest in cryptocurrencies has remained robust.

Fidelity Digital Assets, the company’s cryptocurrency division, allowed ordinary investors to register cryptocurrency trading accounts last month.