Walmart Plans to Sell Virtual Goods, Create Cryptocurrency and NFTs

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The Street

By Kirk O’Neil Walmart files applications seeking trademarks for digital currency, software to manage cryptocurrency and other digital assets and for online retail services. Walmart (WMT) – Get Walmart Inc. Report is joining a number of other retailers who have established virtual retail stores and created non-fungible tokens, or NFTs, with plans to produce its own cryptocurrency. The Bentonville, Ark., retail giant on Dec. 30 filed several applications with the U.S. Patent and Trademark Office, including one that seeks to establish a trademark for financial services for cryptocurrency, NFTs a…

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.