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Western Union may be planning to expand its digital offerings far beyond remittances

Published 10/25/2022, 03:15 PM
Updated 10/25/2022, 05:00 PM
Western Union may be planning to expand its digital offerings far beyond remittances

Western Union (NYSE:WU) may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the latest of several attempts the company has made to enter the cryptoverse. So far, it has had limited success.

Western Union filed for three trademarks on Oct. 18. According to trademark attorney Mike Kondoudis, activities covered by the applications include managing wallets, exchanging digital assets and commodities derivatives, issuing tokens of value, and brokerage and insurance services.

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