MrBeast applies for a trademark for Crypto Assets trading and payment services.

Social media influencer MrBeast, James Stephen Donaldson, has applied for a trademark for the newly added crypto asset service “MrBeast Financial”. He intends to use the trademark for an application that will provide crypto asset exchange and payment processing services. The trademark he applied for covers banking investment services, insurance, financial education, micro-lending services, and financial transactions of crypto assets through decentralized exchanges (DEX).

If MrBeast intends to list MrBeast Financial, he needs to sign up with FinCEN and obtain a state money transmitter license and approval from the SEC or CFTC, depending on how the platform operates. According to Yahoo Finance, Mr. Beast appears to have yet to submit any applications.

MrBeast is the individual creator with the highest number of subscribers on YouTube, with a subscriber count reaching 446 million. He is known for producing high-budget entertainment shows and is also bold in giving away large cash prizes to encourage the public to participate in challenges. Representative videos include recreating Squid Game in real life with a prize of $456,000, giving away a private island, or challenging other YouTube creators for a private jet, among others. MrBeast also prepared to buy TikTok to participate in a public auction but ultimately lost the bid, which was won by Oracle.

MrBeast actively invests in Crypto Assets and startups.

Since 2021, MrBeast has been investing in startups, and he has also shown a strong interest in cryptocurrency and asset investments. He made headlines by purchasing NFTs, accumulating at least 8 CryptoPunks at his peak. Since then, sharp-eyed cryptocurrency detectives have begun tracking his public wallets, observing his wallet activities.

The latest trademark application he submitted was made by the parent company Beast Holdings. If approved, the new trademark will be added to the parent company's portfolio of 52 different trademarks. These trademarks include MrBeast Gaming, MrBeast Burger, MrBeast Philanthropy, and MrBeast Bar, among others, some of which have been implemented as actual products or services.

MrBeast's creativity often sparks heated discussions.

MrBeast Burger initially started as a ghost kitchen delivery service, utilizing local restaurant partners to fulfill orders under its brand name. The company currently has a physical store located in the American Dream Mall in New Jersey (.

The MrBeast Bar trademark was initially used to promote Feastables, a snack company that faced criticism after MrBeast asked fans to clear the chocolate bar displays in the store to enter a $5,000 raffle. The mobile game Finger On The App requires players to keep their fingers on the phone screen, and the last person able to keep their finger on the screen will win $25,000. Other brands like Beast Mode, MrBeast Mode, and Beast Games have yet to be specifically realized. However, it is also common practice for the company to apply for defensive trademarks to prevent others from using his name.

This article about MrBeast applying for a trademark for Crypto Assets trading and payment services first appeared in Chain News ABMedia.