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Ebay Files Trademark Applications Covering NFTs and Metaverse

Source: Gin

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Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and services relating to non-fungible tokens (NFTs) and the metaverse.

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A USPTO-licensed trademark attorney, Mike Kondoudis, tweeted Tuesday: "Ebay Inc. is coming to the metaverse." He explained that the filings indicate the e-commerce giant's plans for virtual good marketplaces, online retail stores with actual and virtual goods, NFTs, NFT exchanges, and NFT trading. The applications' serial numbers are 97473696 and 97473620.

One day before Ebay filed the two trademark applications, the company announced that it has acquired NFT marketplace Knownorigin​. As reported, the two companies signed and closed the deal last week.

Ebay CEO Jamie Iannone described at the time: "Ebay is the first stop for people across the globe who are searching for that perfect, hard-to-find, or unique addition to their collection and, with this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles."

The e-commerce platform began allowing NFT sales in May last year, citing a "massive wave of attention" in the area.

Source: Bitcoin.com
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