Fujitsu, the Japanese tech giant, has filed a trademark application with the United States Patent and Trademark Office (USPTO) for a new logo dedicated to offering financial services, including accepting deposits, financing loans, financial management, and crypto asset exchange. The application also reveals Fujitsu’s intent to offer brokerage services for cryptocurrency trading and other crypto and non-crypto financial facilities.
Fujitsu’s interest in Web3 was apparent when it launched a Web3 acceleration platform for startups and partner companies in February to support the creation of a diverse ecosystem of Web3 applications across various use cases. The move suggests Fujitsu is positioning itself to be a major player in the crypto space.
This trademark application comes after financial regulators in Japan urged global regulators to introduce stricter banking rules for the crypto sector at the beginning of 2023. Mamoru Yanase, deputy director general of the Financial Services Agency’s Strategy Development and Management Bureau, acknowledged that the problem wasn’t with crypto, stating that the blame lay with “loose governance, lax internal controls, and the absence of regulation and supervision.”
Fujitsu’s move into crypto services indicates that more established players are seeing the value in crypto and the potential of the Web3 ecosystem. As the industry continues to mature, we can expect to see more traditional companies expanding their services to include crypto-related offerings.
