Fidelity Investments jumped in the race of Metaverse adoption officially.
Fidelity Investments is an American multinational financial services corporation which is based in Boston, Massachusetts. The company was established in 1946 and to this date company manages approximately $4.5 trillion in assets.
On 27 Dec, Mike Kondoudis, a licensed trademark attorney, informed the Crypto Community that Fidelity filed for 3 trademarks, which are related to Metaverse, Crypto & NFTs.
Indeed Fidelity filed for these trademarks on 21 Dec with the United States Patent and Trademark Office (USPTO). Through these trademarks, Fidelity may provide crypto-related services in the Metaverse projects.
These trademarks will also allow this company to provide NFTs & Crypto trade in the Metaverse, where the Web3 concept will play an important role.
Fidelity will also help its clients to provide financial investment advice & planning in the Metaverse, which will be unique for those people who don’t want to visit the Fidelity offices practically & want services by sitting at home.
Earlier this, a month ago, Fidelity announced its Crypto trade platform for retail customers to allow them to easily buy & sell Bitcoin & Ethereum at zero commission fees.
This year, despite the significant downfall in the crypto market, Fidelity showed significant expansion in its crypto-related services. In particular, in April of this year, the company announced the addition of Bitcoin to its 201(k) service, to allow the company’s employees to allocate their 20% retirement funds in Bitcoin. For the same, this company faced significant criticism in the United States over the Bitcoin’ highly volatile nature & potential risk for the money of the company’s employees.