fideliry-and-the-metaverse

Fidelity seeks new opportunities in the Metaverse market.

Fidelity explores metaverse possibilities and plans to launch NFT and virtual real estate markets. Fidelity’s Durbin says wealth managers have yet to understand cryptocurrencies.

Fidelity files three trademark applications and enters the metaverse with big plans.

The company capitalizes on key areas such as virtual real estate investing, NFT trading and marketplace services.

The company has filed three U.S. trademark applications covering a range of web3 products and services, including virtual real estate investing, cryptocurrency trading and NFT marketplace, among others.

According to the filing, the company also seeks investment services for mutual funds and pension funds in the metaverse.

“Giving classes, workshops, seminars and conferences in the field of investment and marketing of financial services in the metaverse and other virtual worlds,” the filing said.

Metaverse e-payments will also launch, the presentation said, “financial management of credit card accounts in Metaverse and other virtual worlds.”

Digital asset trading services on Metaverse will combine NFT, cryptocurrency, and e-wallet services along with financial management advisory services on virtual real estate and referral services.

Fidelity’s push into digital assets

Fidelity Investment’s push into cryptocurrencies this year has been excellent despite heavy criticism from some policymakers over recent cryptocurrency offerings and market declines. In April, the company announced plans to offer companies and their employee’s access to Bitcoin (BTC) in their 401(k) retirement accounts.

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