Constancy Investments, a serious monetary providers agency with $10 trillion in belongings beneath administration, has filed a number of trademark purposes for a variety of cryptocurrency, non-fungible token (NFT), and metaverse services.
Constancy’s Crypto and Metaverse Trademark Purposes
Constancy Investments filed three trademark purposes with the US Patent and Trademark Workplace (USPTO) final week for a variety of cryptocurrency, non-fungible token (NFT), and metaverse services. Constancy has $9.6 trillion in belongings beneath administration as of Sept. 30; the monetary providers agency serves about 40 million particular person traders.
Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted Monday:
Constancy has plans for the metaverse! The corporate has filed 3 trademark purposes protecting NFTs + NFT marketplaces, metaverse funding providers, digital actual property investing, cryptocurrency buying and selling, and extra.
The monetary providers large’s trademark purposes had been filed on Dec. 21. Their serial numbers are 97727473, 97727439, and 97727409.
The purposes particularly element an enormous variety of services “within the metaverse and different digital worlds,” together with mutual fund funding providers, retirement fund funding providers, funding administration providers, monetary planning, securities brokerage providers, cash administration, monetary evaluation, and funding administration.
Constancy is not any stranger to the metaverse. In April, the monetary providers agency opened a multi-level studying middle known as “The Constancy Stack” in Decentraland. The agency additionally launched a metaverse exchange-traded fund (ETF) in the identical month.
In November, Constancy Investments started providing commission-free retail bitcoin and ether buying and selling. Nevertheless, its subsidiary Constancy Digital Property has been providing bitcoin providers to institutional traders for a number of years and not too long ago started providing ether buying and selling. The agency printed a report earlier this yr, stating: “Bitcoin’s first technological breakthrough was not as a superior fee expertise however as a superior type of cash. As a financial good, bitcoin is exclusive.”
A rising variety of huge firms are submitting cryptocurrency and metaverse-related trademark purposes with the USPTO. This month, banking large HSBC filed trademark purposes for a variety of digital foreign money and metaverse merchandise. In October, Visa, Paypal, and Western Union equally filed crypto-related trademark purposes. Final month, JPMorgan Chase was granted a pockets trademark protecting varied digital foreign money and fee providers.
What do you concentrate on Constancy submitting trademark purposes for a variety of crypto, NFT, and metaverse services? Tell us within the feedback part beneath.
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