After successfully introducing the world of cryptocurrency investing to its customer base, Fidelity is now exploring more possibilities in the metaverse.
According to trademark attorney Mike Kondoudis, the company has just filed a series of trademark applications covering non-fungible tokens (NFTs), marketplaces for NFTs, metaverse investment services, virtual real estate investing, and even cryptocurrency trading.
Alex DovbnyaDespite the ongoing crypto winter, Fidelity keeps pushing deeper into crypto. In November, Fidelity Investments opened its waiting list for Fidelity Crypto, a long-awaited crypto product geared toward retail customers.
In October, Fidelity Digital Assets began allowing institutional clients to trade ether (ETH).
In April, it made waves after revealing its initiative to offer Bitcoin as an investment option for its 401(k) plans.
Given that Fidelity has $2.7 trillion in assets under management, its recent metaverse-related filings are definitely noteworthy.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Yuri Molchan
Arman Shirinyan
Dan Burgin
Vladislav Sopov