Bank holding company Capital One has filed six trademark applications for some of its most popular credit cards, including Quicksilver, Venture, Venture X, and Savor, in order to bring them to the metaverse.
According to the trademark applications, submitted to the USPTO on October 25, the company plans to:
- Promote the use of credit cards through the administration of incentive rewards programs and the offering of special offers and promotions of others to card members in the metaverse and other virtual worlds;
- Banking and financing services, namely, issuing credit card services via the metaverse and other virtual worlds;
- Provide information in the field of personal finance in the metaverse and other virtual worlds.
The news was shared via Twitter by metaverse trademark attorney Michael Kondoudis.
Capital One has filed 6 trademarks for some of its most popular credit cards
— Mike Kondoudis (@KondoudisLaw) October 31, 2022
The applications claim plans for metaverse and virtual world:
✅ Credit card promotions
✅ Banking and financial services
✅ Issuing credit cards services#Web3 #Metaverse #Crypto #Defi #Capitalone pic.twitter.com/3HT5tpmLUM
These filings follow those made by Capital One in June, when it first stated its ambition to enter the metaverse and the world of non-fungible tokens (NFTs).
The finance industry is quickly expanding in the Web3 world. For example, SEBA Bank has begun to provide NFT custody for Ethereum-based, blue-chip NFTs.
Mastercard is one of the other active players in the cryptocurrency and NFT market.In April, it filed trademark applications to enter the metaverse and embrace NFTs. Last year, it released crypto-linked payment cards in Asia Pacific, and in January it partnered with Coinbase to enable users to purchase NFTs with their Mastercards.
