Mastercard files for 15 metaverse, NFT related trademark applications

Mastercard files for 15 metaverse, NFT related trademark applications

Mastercard has filed 15 non-fungible-token and metaverse related trademark applications with the United States Patent and Trademark Office.

By: Tech Desk | Pune |
Updated: April 13, 2022 10:42:44 am

razorpay mastercard mandatehqMastercard launches crypto-linked payments cards in Asia (Representative image: Pixabay)

Mastercard is exploring ways to process payments in the metaverse. The payment giant has filed 15 non-fungible-token (NFT) and metaverse related trademark applications with the United States Patent and Trademark Office (USPTO).

According to Cointelegraph, the company is also considering to open a marketplace for NFT trading, where users will be able to sell or buy digital assets.

The trademark application filed with USPTO is described as, “Providing entertainment and educational information in the fields of cultural events, concerts, sporting events, festivals, and awards shows in the metaverse and other digital worlds.” Further, the trademark highlights the use of cryptocurrency, non-fungible tokens (NFTs) in the metaverse.

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