[Delio] Meta Pay: a New Crypto Payment Platform
Meta has submitted five trademark applications in the U.S. for Meta Pay, which appears to be a new digital platform, crypto media The Block reported on May 18.
Submitted on May 13, the trademark applications described Meta Pay as an “online social networking service for investors allowing financial trades and exchange of digital currency, virtual currency, cryptocurrency, digital and blockchain assets, and digital tokens.” Other than payment and trading, Meta Pay may also offer digital asset lending and investment services.
Meta previously acquired the domain name MetaPay.com from South Dakota-based MetaBank for $60 million in December 2021. Since the announcement of testing NFTs on Instagram earlier this month, the trademark filing is Meta’s latest crypto-related play.
Source: THE BLOCK
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