The non-fungible token and metaverse spaces continue attracting institutions, investors, and businesses, despite the general crypto market suffering the ongoing prolonged bear market.

Intuit, an American software company that focuses on helping customers and communities overcome their most critical financial challenges, is the latest firm to showcase interest in joining the NFT space.

Intuit Files NFT And Metverse Patents

In a January 10 blog post, Mike Kondoidus, the intellectual property attorney, confirmed that Intuit software company filed a trademark application with the United States Patent and Trademark Office related to NFTs and metaverse on January 5.

According to data submitted, Intuit anticipates launching downloadable computer software for crypto, electronic cash, digital collectibles, virtual currency processing, and transaction processing.

Moreover, it also intends to launch downloadable computer software for managing and verifying crypto transactions on the blockchain. Intuit also plans to provide a virtual marketplace allowing users to buy, sell and borrow non-fungible tokens.

The global technology firm also plans to offer other services, including bill payment services, blockchain-based verification services, and the issuance of utility tokens. Intuit also intends to launch non-downloadable NFTs.

Other Firms That Have Filed NFT Patents In 2023

Intuit joins a growing list of investors and institutions that have showcased an interest in investing in the NFT space. Last week, Absolut, the company behind the famous Malibu alcoholic brand, filed its trademark with USPTO.

According to the data submitted, Absolut intends to launch virtual bars and restaurants, virtual clothing, and alcoholic drinks. It also planned to launch downloadable software, mobile application, and cloud–based solutions for processing NFT transactions.

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