Walmart throws hat in the Metaverse ring; may launch it's own crypto

Updated : Jan 18, 2022 09:00
|
EJ Biz Desk

Walmart appears to be getting ready for a leap into the metaverse and the crypto universe. Reports indicate that the American retail giant has filed for several trademarks on December 30th, suggesting plans to start selling virtual goods, including electronics, toys, appliances.

CNBC reports quoting the U.S. Patent and Trademark Office data that Walmart filed for these applications on December 30. In a separate filing, the Walton-family owned business said it would offer users a virtual currency, as well as NFTs.

As pointed out by Bloomberg, Walmart also filed trademarks for the names “Verse to Home,” “Verse to Curb,” and “Verse to Store,” a hint that Walmart may be preparing a virtual shopping experience as it gears to be part of the 'metaverse' experience. 

NFTcryptocurrency

Recommended For You

editorji | Business

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

editorji | Business

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

editorji | Business

GST rates likely unchanged as 57th Council meeting focuses on reforms

editorji | Business

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

editorji | Business

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery