Technology
Yes, Walmart is embracing crypto, NFTs and the metaverse
January 26, 2022
Walmart has filed trademarks that indicate it aims to create and sell virtual goods as well as develop a virtual currency and non-fungible tokens called NFTs.
The seven applications were filed with the U.S. Patent and Trademark Office in late December, according to a CNBC report.
The retailer declined to comment to CNBC but said in a statement it is "continuously exploring how emerging technologies may shape future shopping experiences."
One trademark attorney described the filings as "super intense," and showing a great deal of planning, according to the news report.
The news comes as many retailers are jumping on the virtual product/NFT bandwagon, including Gap and Under Armour.
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