Walmart filings reveal plans to create cryptocurrency and NFTs

Digital strategy: People walking in front of a Walmart store in Washington, DC. The retailer intends to make and sell virtual goods such as electronics, decor, toys, sporting goods and personal-care products. —AFP

DALLAS: Walmart Inc is preparing to create its own cryptocurrency and collection of non-fungible tokens or NTFs, according to filings with the US patent and trademark office, setting the stage for meeting its customers in the emerging metaverse.

The retailer sought several new trademarks in December that show it intends to make and sell virtual goods such as electronics, decor, toys, sporting goods and personal-care products.