Ripple, a large crypto company developing XRP-based products, continues to actively claim rights to new trademarks.
Last month, the company filed four trademark applications with the US Patent and Trademark Office (USPTO)., based on data publicly available on the USPTO website.
Ripple’s latest trademark application was filed on August 19th. The new brand, called “Ripple Impact,” is intended to cover categories of charitable foundation services, including fundraising campaigns and funding for capital improvements. the company said.
August 11th Ripple filed another series of three trademark filings, including trademarks like Ripple Impact, Ripple X, and Ripplex.. According to the descriptions of the applications, the three brands refer to electronic payment services and monetary gifts in fiat currencies:
“The purpose of the trademark registration is to cover the categories of electronic financial services, namely monetary services for receiving and paying remittances and monetary gifts in fiat and virtual currencies over a computer network and exchanging fiat and virtual currencies over a computer network […]”.
According to public information All four brands are awaiting review by the USPTO at the time of this issue.
At the beginning of this year Ripple also filed a number of trademark registrations for its flagship payment product, On-Demand Liquidity (ODL). According to public records, the applications were accepted by the agency and assigned to an examiner.
Ripple’s trademark filings with the USPTO also include a facility called “PayID”. Ripple submitted two inquiries about this brand in June 2020. The name of the patent was recently the subject of litigation by a consortium of banks in Australia. As Cointelegraph reported on Aug. 25, Ripple is now facing an intellectual property infringement lawsuit for allegedly using the Australian interbank payments network’s trademark, also known as Pay ID.
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