Massive store chain Walmart has made several filings showing plans to join the supermarket, launch crypto and NFT.
Walmart is reportedly preparing to launch its cryptocurrency
After fake reports about Walmart and Litecoin last year, this time, the US retail giant has officially submitted documents to local regulators to break into the crypto space and superspace.
As seen in a CNBC report, the Bentonville-headquartered retail giant submitted to the US authorities its participation in the metaverse last December. Essentially, the company wants users to shop for electronics, home decor, personal care products, and just about anything at home by reviewing merchandise through the metaverse.
Walmart has made seven separate applications, one of which wants the US Patent and Trademark Office to give the company the green light to launch its cryptocurrency and capitalize on the rapidly growing popularity of the company. NFT space.
Last year, Walmart made this news after it was announced to have adopted Litecoin for payments in its online stores. However, they turned out to be fake, which caused increased volatility in the crypto market. However, the company later added hundreds of Bitcoin ATMs across its US stores and said the number will likely go up to 8,000.
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