Social media giant Meta highlights crypto in new trademark applications

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Meta Platforms, previously known as Facebook, has recently filed for eight trademark applications for its blue, two-loop logo, according to filings in the U.S. Patent and Trademark office.
The logo is described as “a geometric design consisting of two loops” on the applications, and the trademarks cover crypto tokens, blockchain software, virtual currency exchanges, currency trading, and digital, crypto, and virtual currencies. 
“These filings reflect the company’s strategy for moving into the metaverse. Meta clearly has significant plans for the virtual economy that will drive it,” said Mike Kondoudis, a trademark attorney, said in a statement that first broke the news.
Many brands have recently been filing for trademarks, possibly as a precautionary measure to avoid lawsuits like Nike v StockX. Traditional trademark applications that cover physical goods also don’t necessarily convert into the digital world. The Block recently covered how NFT and metaverse applications in the fir

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