Bloomberg News and others reported on the 16th (local time) that Walmart , a large U.S. retailer, is preparing to release cryptocurrency and Non-Fungible Token (NFT).
Bloomberg said Walmart applied for registration of new trademarks with the USPTO on December 30 last year.
Bloomberg explained that Walmart is preparing to meet customers in Metaverse, showing that it intends to sell virtual electronics, toys, and sports goods on Metaverse.
The trademarks Walmart applied for registration under Walmart Connect are three trademarks for cryptocurrency and advertising-related financial transactions, Verse To Store for shopping services, Verse To Curb, and Verse To Home.
Walmart announced its intention to establish investment and cooperation relationships related to virtual currency through its website in August last year, announcing its recruitment of manpower to develop digital currency strategies and product roadmaps.
Earlier in September last year, Walmart was caught up in an incident in which fraudulent press releases were distributed to allow virtual currency payments under the guise of its own.
However, in October last year, some stores in the U.S. launched a bitcoin sales test service using Coinstar kiosks, and they have been steadily interested in virtual currency.
Walmart Chief Financial Officer (CFO) Brett Vix also said at an analyst conference held in early December last year that customers may be allowed to pay product prices through virtual currency if they want.