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Meta Platforms Inc (NASDAQ:FB) has filed eight trademark purposes for its emblem on a number of purposes within the digital asset area.
What Occurred: The social media large has filed trademark purposes masking cryptocurrency tokens, blockchain software program, digital forex exchanges, wallets and exchanges, in addition to digital, crypto, and digital currencies, trademark lawyer Mike Kondoudis stated on Twitter.
Meta Platforms has filed 8 trademark purposes for its Brand. The purposes cowl:
� Crypto tokens� Blockchain software program� Digital forex exchanges� Monetary + Forex buying and selling� Digital, crypto, and digital currencies#NFTs #Metaverse #Cryptocurrency pic.twitter.com/HWERdJrWhg
— Mike Kondoudis (@KondoudisLaw) March 23, 2022
The purposes had been filed on March 18 and could be seen on the Patent and Trademark Workplace website.
Mark Zuckerberg-led Meta’s crypto-related trademark purposes come after it abandoned its digital forex mission Diem earlier this 12 months. A collection of regulatory hurdles over the previous few years prevented Diem from going to market, regardless of sustained efforts and a rebrand.
Earlier this month, two former Diem staff raised $200 million for a brand new crypto-startup Aptos that may reportedly function a lot of Diem’s unique infrastructure and design.
Worth Motion: Meta shares closed 1.47% decrease on Wednesday at a value of $213.46, in accordance with knowledge from Benzinga Pro.
In crypto markets, the main digital asset Bitcoin (CRYPTO: BTC) was buying and selling at $42,770, up 0.73% within the final 24 hours. Ethereum (CRYPTO: ETH) was buying and selling above $3,000, gaining 2% over the identical interval.
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