Recently HSBC and Fidelity filed for NFT and metaverse trademarks at the United States Trademark and Patents Office this month. Both major firms seem to be gearing up for Web3 initiatives next year.
According to @KondoudisLaw post, on December 15, HSBC wants to issue trademarks on its digital goods, cash cards, cheque cards, and debit/credit cards to be used in the metaverse. It also plans to launch NFTs and a crypto exchange along with virtual credit.
HSBC will also reveal a website where all these services will be available for its customers.
On the other hand, on December 26, Fidelity also registered for 3 trademarks to expand in the Web3 industry. The investment platform will be launching digital collectibles, an NFT marketplace, metaverse services, cryptocurrency trading, and digital real estate trading.
Fidelity is focused on investment services through the metaverse to open doors of opportunities and to do that it will be offering virtual transfers and buys, making it easier for individuals to enter the digital world.
The firm will also offer educational services to teach the general public by hosting different workshops, classes, seminars, and conferences about investment and marketing financial services in terms of the metaverse.
The traditional finance sector is ready to integrate and adopt the new technology by launching its own virtual services. Both HSBC and Fidelity are well-known names in the industry, and their initiative will definitely bring more users into the blockchain world.
