Investor giant Fidelity plans to launch an NFT platform and crypto services in the metaverse
Fidelity has filed three trademark applications related to NFTs, metaverses and cryptocurrencies.
The company plans to provide its services in the metaverses and other virtual worlds.
One of the world's largest asset management companies, Fidelity Investments, has filed three U.S. trademark applications related to the metaverse and other virtual worlds.
According to the documents, the firm intends to provide its traditional financial services in alternate realities. It mentions NFT trading platforms, virtual real estate investments, crypto trading, and metaverse services.
So, Fidelity indicates that it can offer a wide range of investment services in virtual worlds, including mutual funds, pension funds, investment management and financial planning. Payment services may also be under development, including electronic bill payments, money transfers, and credit card account management.
In addition, the company can provide wallet services for virtual currencies, educational services in the form of classes, seminars, conferences.
“Providing business information to financial service providers through a website on the Internet in the field of business marketing in the metaverse and other virtual worlds,” one of the applications states.
The possibility of launching an NFT market is mentioned separately, but there is no detailed information.
The latest moves in the cryptocurrency space demonstrate Fidelity's desire to keep up with current trends. So, earlier Fidelity launched a new product for trading BTC and ETH without commission, but with a spread of up to 1%. Prior to this, the company introduced funds for investments in cryptocurrencies.