For the past few weeks and months, Metaverse, also known as virtual reality, has continued to attract the attention of more and more companies using credit card service company American Express (NYSE: AXP).
In particular, American Express has filed seven new trademark applications for registering company names, logos and slogans, including AMEX, SHOP SMALL and MEMBERSHIP REWARDS. This shows that multinationals specializing in payment card services will expand into the Metaverse and offer their brands. Non-fungible token (NFT).
Approved Metaverse Trademark Attorney Michael Kondoudis Announces news The petition was submitted to the US Patent and Trademark Office on March 9 via Twitter on Tuesday, March 15, with plans to provide NFT-backed multimedia, cryptocurrency services, virtual banks, exchange services, and more. I made it clear that there is.
Kondoudis said in a press release:
“American Express is a major financial brand and the value attached to it is important. Obviously, American Express recognizes the potential of the Metaverse and its trademark and for the virtual economy that dominates the Metaverse. We are preparing the brand. ”
The trademark lawyer added:
“Perhaps the most interesting aspect of these applications is that they appear to mark the beginning of a new trend in Metaverse trademark applications from the financial services sector.”
The fact that businesses, businesses and celebrities have been expanding their presence in the Metaverse for some time is noteworthy, and this is just the latest example of this rapidly rising trend.
As an example, on February 15, the New York Stock Exchange (NYSE) filed a new trademark application to register the term “NYSE” for several cryptocurrencies and financial instruments and services.
At that time, Kondoudis said:
“This filing is an up-to-date confirmation that the Metaverse is genuine and companies need to plan accordingly. Companies no longer have to wonder if that will happen. <…>The question is when NYSE has made it clear that it will take a proactive and positive approach to ensure that it is the major financial exchange in the Metaverse. “
Finally, a recent analysis by Finbold showed that the number of NFT trademark applications in the United States increased 421 times in 2021 compared to just three in 2020.
