Trademark Applications Suggest Meta May Launch Crypto Platform

Mark Zuckerberg, Founder and Chief executive officer of Meta. Source: A relevant video screescreenshotsnhot, Youtube/CNET


Technology giant Meta, formerly Facebook, has filed five trademark applications for any digital payments platform dubbed ‘Meta Pay‘.

Based on records posted towards the U . s . States Patent and Trademark Office (USPTO), Meta filed five new trademark applications on May 13, which echo its future plans for any payment platform where users can exchange all types of currencies.

The 5 filings, that can come additionally to 2 posted in 2021, cover numerous possible services.


Among the filings incorporated Meta’s reputation for use within an “online social media service for investors allowing financial trades and exchange of digital currency, virtual currency, cryptocurrency, digital and blockchain assets, digitized assets, digital tokens, crypto tokens and utility tokens.”

Another, almost 2,000-word-lengthy filing mentions a large listing of crypto and digital payment-related terms, including supplying: 

  • software enabling users to purchase digital currency, virtual currency, cryptocurrency
  • software that facilitates ale users to see, evaluate, record, store, monitor, manage, trade, and exchange digital currency
  • software for delivering, receiving, accepting, buying, selling, storing, transmitting, buying and selling, and exchanging digital currency.

In a nutshell, Meta Pay turn into a cryptoasset exchange, a crypto wallet, or perhaps a digital payment company. 

However, it might become a number of other things too because among the filings presents it as being a web-based social investment network while these guys focused on marketing, advertising, and promotion services.

As reported, Meta spent USD 60m to get the naming legal rights of the united states bank Meta Financial Group.

Captured, the organization also filed eight trademark applications for crypto-related products, which incorporated “crypto tokens, blockchain software, virtual currency exchanges, financial + currency buying and selling, digital, crypto, and virtual currencies,” based on trademark attorney Mike Kondoudis.


Find out more: 
Meta Begins Testing ‘Tools’ for Metaverse ‘Digital Asset’ Sales
Meta’s AI Supercomputer to ‘Pave the Way’ Towards Building the Metaverse

Meta introducing Virtual Tokens that aren’t Cryptocurrency – Report
Instagram Starts Testing NFTs

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