In its latest foray into the realm of digital assets, Fidelity has filed three U.S. trademark applications to provide services in the metaverse and other virtual worlds.
According to the filings, the firm intends to provide its traditional services in alternate realities. The applications mention NFTs and NFT marketplaces, virtual real estate investing, crypto trading, and metaverse investment services.
It also mentions digital currency services, crypto trading, wallets, storage, and custody. Pretty much anything related to crypto was mentioned in the application filing.
Fidelity is one of America’s largest pension providers, and it allowed investors to include Bitcoin in their pension plans earlier this year. The move riled anti-crypto policymakers such as Elizabeth Warren, who urged the firm to reconsider, citing the same tired warnings over risks and money laundering.
In November, the asset manager’s crypto unit Fidelity Digital Assets, allowed its retail clients to invest in Bitcoin and Ethereum. The firm is clearly still keen on the asset class and related web3 technologies despite this year’s bear market.
(Reporting by Shikha Singh, Editing by Laxmikant Khanvilkar)
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