By Varinder Singh 10 minutes in the past Updated 10 minutes in the past 
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Prudential Insurance is probably going planning to enter the crypto market, in response to current trademark submitting knowledge.
The insurer filed 10 trademark purposes associated to NFTs, cryptocurrencies, and blockchain know-how with the U.S. Patent and Trademark Office (USPTO).
The insurance coverage large has filed trademark purposes for Prudential, its iconic “The Rock,” asset administration subsidiary PGIM, its ticker “PRU,” and its Rock brand.
Prudential Files For NFTs, Crypto and Blockchain Related Trademarks
Mike Kondoudis, licensed trademark lawyer on the USPTO, introduced in a tweet on June 7 that Prudential Insurance has filed 10 trademark purposes for offering monetary companies associated to NFTs, cryptocurrencies, and blockchain know-how. Also, the corporate will supply monetary details about decentralized finance, NFTs, and cryptocurrencies.
Moreover, Prudential Insurance will present digital insurance coverage and monetary companies for the metaverse and digital environments. The metaverse hype has led many firms, well-known personalities, and buyers to enter the metaverse.
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Prudential has been exploring blockchain know-how for fairly a while now. However, the trademark purposes associated to NFTs, cryptocurrencies, and metaverse reveals the curiosity of the corporate in progressive applied sciences. The firm has modified its stance on digital property as a result of growing crypto adoption.
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In reality, a current article by Brad Hearn, president of retail recommendation and options at Prudential, talks about utilizing the crypto craze as a approach to enhance higher monetary literacy. It reads:
“Cryptocurrencies, the decentralized monetary property constructed on the block chain, are producing pleasure and exercise with new buyers, from Baby Boomers to Gen Z. It’s additionally helped shine a much-needed highlight on finance for most of the people.”
Crypto Adoption Increasing Among Insurance Providers
There have been current studies indicating insurance coverage firms trying to spend money on cryptocurrencies and embrace digital property. A current report by funding banking large Goldman Sachs reveals insurance coverage firms are slowly embracing crypto investing immediately or via crypto merchandise. Also, the U.S.- based mostly insurance coverage firms are extra interested by cryptocurrencies.
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Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is presently overlaying all the newest updates and developments within the crypto business. 
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LinkedIn Varinder Singh Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is presently overlaying all the newest updates and developments within the crypto business. 
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These Major Tokens Stand To Lose From The SEC-Binance Probe
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