Prudential Insurance is likely planning to enter the crypto market, according to recent trademark filing data.
The insurer filed 10 trademark applications related to NFTs, cryptocurrencies, and blockchain technology with the U.S. Patent and Trademark Office (USPTO).
The insurance giant has filed trademark applications for Prudential, its iconic “The Rock,” asset management subsidiary PGIM, its ticker “PRU,” and its Rock logo.
Prudential Files For NFTs, Crypto and Blockchain Related Trademarks
Mike Kondoudis, licensed trademark attorney at the USPTO, announced in a tweet on June 7 that Prudential Insurance has filed 10 trademark applications for providing financial services related to NFTs, cryptocurrencies, and blockchain technology. Also, the company will offer financial information about decentralized finance, NFTs, and cryptocurrencies.
Moreover, Prudential Insurance will provide virtual insurance and financial services for the metaverse and virtual environments. The metaverse hype has led many companies, famous personalities, and investors to enter the metaverse.