MrBeast Files Trademark for Crypto Exchange and Payments Service
YouTube sensation MrBeast, legally known as James Stephen Donaldson, has filed a trademark application for 'MrBeast Financial.' The proposed downloadable app aims to offer cryptocurrency exchange services, payment processing, and a suite of financial products including investment banking, insurance, and microfinance lending. Notably, the trademark covers decentralized exchange (DEX) functionality for crypto trading.
Launching such a platform WOULD require regulatory approvals, including FinCEN registration as a Money Services Business, state-level money transmitter licenses, and potential SEC or CFTC oversight. As of now, no such filings have been made. The trademark joins 52 others under MrBeast's holding company, though not all have materialized into active ventures.
