Despite how the digital asset market has suffered amid the decline in the BTC, as well as the depreciation of LUNA and UST, some tech giants do not even think to pause in the implementation of their crypto plans. So, the other day, the media began to actively discuss applications that Meta's subsidiary, Facebook, filed with the US Patent and Trademark Office. Judging by the description of the documents, the social network wants to launch an online payment platform with support for cryptocurrencies in the near future.
According to records that recently appeared on the agency's website, Facebook filed five trademark applications at the same time, each of which featured the name of the parent company - "Meta". The greatest interest of business publications was attracted by the document, which states the intention of the social network to launch the Meta Play payment service.
“An online service that will work based on the social network Facebook. The platform will be designed for investors and retail users who, through Meta Play, will be able to conduct financial transactions and exchange digital currency, virtual currency, cryptocurrency, blockchain assets, digitized assets, digital tokens, crypto tokens, utility tokens, ”says one from applications.
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Based on the presence of a large number of synonyms in the description of the document, the payment platform, wants to obtain permission to trade in all possible digital assets, from BTC to NFT collections.
In this context, it is worth mentioning that, for example, in March 2022, Meta filed as many as 8 applications related to the metaverse with the US Patent and Trademark Office. Last week, by the way, the CEO of the tech giant Mark Zuckerberg officially confirmed the release of the NFT collection for Instagram.
Thus, given the actions taken by Meta, it is not difficult to understand that the company is serious about becoming an integral part of the digital industry, and persistent attempts to launch virtual products are proof of this. Today, by the way, the tech giant includes such popular applications as WhatsApp, Facebook Messenger, Instagram, and Facebook.