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HSBC Files Application for Metaverse Trademark

June 21 (Cointime) - HSBC, the British multinational banking and financial services company, has filed an application for a metaverse trademark as part of its efforts to expand its operations into the virtual world and offer more inclusive digital services to its users.

The application includes provisions for metaverse banking, consulting, financial services, virtual credit cards, NFTs, NFT-backed media, and more. If granted, the bank will be able to provide payment services in the metaverse, create online marketplaces for users to trade digital goods, provide virtual currency exchange, and more.

This move by HSBC reflects the growing interest of major financial institutions in the metaverse and digital currencies.

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