American multinational energy corporation Chevron has filed a new metaverse-related trademark for its name and logo with the United States Patent and Trademark Office (USPTO).

The applications were filed on March 2, 2022, indicating the energy giant’s plans to expand into the metaverse and offer branded non-fungible tokens (NFTs), as well as gas, renewable energy products, and convenience store products in the form of digital commodities.

Licensed trademark attorney Michael Kondoudis broke the news on Monday, March 7, adding that:

“Chevron clearly sees the potential of the Metaverse and is preparing its trademark for the coming economy of virtual goods and services.”

NFTs expand into major sectors

This move is the latest in following a trend among the corporations, brands, and celebrities expanding into the metaverse sphere.