Japan’s Fujitsu Files Trademark for Crypto Services
Fujitsu is among other prominent Japanese companies that recently announced their intention to create a Japan Metaverse Economic Zone
ergiy Palamarchuk/Shutterstock modified by Blockworks
Japanese electronic giant Fujitsu has filed a trademark application for a broad range of financial services — including crypto trading.
A US Patent and Trademark Office filing last week showed the tech firm exploring services such as money and crypto exchange, digital asset management, brokerage services for crypto trading, payment transaction processing and securities trading.
The development was first shared by Mike Kondoudis, a USPTO licensed trademark attorney, on Twitter.
Fujitsu also seems to be interested in real estate, as the same trademark application included services for leasing or renting buildings and the purchase and sale of land.
The firm, which describes itself as the top digital services company in Japan, was originally established in 1923 as a joint venture to boost the production of equipment like generators and electric motors in Japan.
Fujitsu eventually became a pioneer of Japan’s telecommunications infrastructure, having built the country’s first computer and providing products like servers, PCs, laptops, tablets, storage hardware and air conditioners. It’s now a global brand.
The full extent of Fujitsu’s potential crypto ambitions aren’t known outside of the trademark filing. Blockworks has reached out to learn more. But the firm has dabbled in blockchain before, developing digital identity technology in 2019 which relies on a distributed ledger to examine legitimacy during online transactions.
Fujitsu is also among other prominent Japanese companies that recently announced their intention to create a metaverse project called Ryugukoku. It includes the creation of a Japan Metaverse Economic Zone, which would integrate various metaverse platforms to support interoperability.
The idea is essentially meant to gamify Japan’s business ecosystem, where respective companies will bring in their unique talents to develop features. The concept is the brainchild of Hajime Tabata, a Japanese game director who previously worked for Square Enix.
Don’t miss the next big story – join our free daily newsletter.