PayPal, Western Union File Trademark Applications in Metaverse
Western Union, a financial service provider, and PayPal (NASDAQ:PYPL) Inc., an online payments solution, filed trademark applications with the United States Patent and Trademark Office (USPTO). On October 18, PayPal filed three trademark applications that cover “PAYPAL and its Ps Logo” with USPTO. USPTO licensed trademark-attorney Mike Kondoudis shared a Twitter post with the details of the filings made by PayPal.
A section from PayPal’s trademark application explicitly explains that the trademark covers “downloadable software for sending, receiving, accepting, buying, selling, storing, transmitting, trading and exchanging digital currency, virtual currency, cryptocurrency, stablecoins, digital and blockchain assets, digitized assets, digital tokens, crypto tokens, and utility tokens.” Interestingly, companies filing for trademarks in crypto and metaverse seems to be a trend.
