The New York Stock Exchange (NYSE) is to delve deep into the metaverse.
On February 10, the world’s largest stock exchange filed a trademark application to register the term “NYSE” for several blockchain and financial products and services. Guess what? These include downloadable virtual goods as well as non-fungible tokens (NFTs).
More businesses and organizations continue to explore virtual reality, with the world’s largest stock exchange the most recent to embrace the metaverse.
Indeed, the New York Stock Exchange (NYSE) has filed a new trademark application to register the term “NYSE” for several crypto and financial products and services. According to the available public records, these include:
- “Downloadable virtual goods, namely, non-fungible tokens (NFTs); blockchain-based non-fungible tokens (NFTs) and NFT collectible series; digital media, namely, digital collectibles, digital tokens, non-fungible tokens (NFTs), cryptocurrencies, and digital art…”
- “Provision of an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible tokens (NFTs)…”
- “Financial exchange of virtual currency in the field of digital currency, virtual currency, cryptocurrency, digital tokens, crypto tokens, utility tokens, and non-fungible tokens (NFTs) … cryptocurrency trading services…”
Actually, the exchange has some history in the world of blockchain technology. In April 2021, NYSE launched its “First Trade” NFTs to commemorate the true first trade of Spotify, Snowflake, Unity, DoorDash, Roblox and Coupang.
“The NYSE First Trade NFT memorializes that unique moment in a company’s history,” wrote Stacey Cunningham, President at NYSE. Cunningham also noted that NFTs would be part of NYSE’s long-term vision. “While we are starting with these six, we know there will be many more NYSE NFTs to come as we continue to welcome new, innovative companies to our community,” she explained.