Lens1000
VIP Contributor
According to new trademark applications examined by CNBC, Wal mart is ready to foray into crypto and non-fungible tokens (NFTs).
According to one of the files, America's largest private employer plans to launch its own cryptocurrency.
Wal mart is also preparing for the "metaverse" by filing trademark applications for a variety of virtual goods, including electronics, skincare products, gadgets, and more.
Wal mart has put a lot of effort into its cryptocurrency foray, according to Gerben Law Firm CEO Josh Gerben, who told CNBC.
This followed the company's unintentional involvement in a cryptocurrency pump-and-dump operation in September. Scammers released a bogus press release about Wal mart accepting Litecoin, according to U.Today, which momentarily caused the price of the original altcoin rising before the retail giant announced its acceptance.
The company's decision to focus on cryptocurrency was expected. It began recruiting a bitcoin and blockchain expert in August.
According to a recent Morning Consult survey, Wal mart customers are more likely than the typical American to own Bitcoin.
According to one of the files, America's largest private employer plans to launch its own cryptocurrency.
Wal mart is also preparing for the "metaverse" by filing trademark applications for a variety of virtual goods, including electronics, skincare products, gadgets, and more.
Wal mart has put a lot of effort into its cryptocurrency foray, according to Gerben Law Firm CEO Josh Gerben, who told CNBC.
This followed the company's unintentional involvement in a cryptocurrency pump-and-dump operation in September. Scammers released a bogus press release about Wal mart accepting Litecoin, according to U.Today, which momentarily caused the price of the original altcoin rising before the retail giant announced its acceptance.
The company's decision to focus on cryptocurrency was expected. It began recruiting a bitcoin and blockchain expert in August.
According to a recent Morning Consult survey, Wal mart customers are more likely than the typical American to own Bitcoin.