The World's Most Famous YouTuber Just Applied for a Crypto Banking App — What Could Happen?

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Jimmy Donaldson, the 27-year-old creator behind the YouTube channel MrBeast with more than 446 million subscribers, has filed a trademark application to create a banking platform that will also include cryptocurrency payments.

The move marks MrBeast’s shift from entertainment to blockchain-based financial services. If successful, he could become the first influencer to launch a mainstream banking brand in the United States.

MrBeast Aims at Crypto Banking

MrBeast has officially entered the cryptocurrency market after filing a trademark application to open its own investment services platform.

According to a filing with the United States Patent and Trademark Office (USPTO), the creator filed an application to trademark “MrBeast Financial” on October 13.

The new project will offer a variety of online banking services. The filing reveals services such as issuing credit and debit cards, processing cryptocurrency payments , facilitating cryptocurrency exchanges through decentralized platforms, and providing other investment services.

If approved, MrBeast Financial would mark the first large-scale banking project led by a social media influencer in the United States.

Under the USPTO's standard XEM process, the trademark will undergo an initial examination around mid-2026. A final decision is likely before the end of next year.

This isn't the first time MrBeast, for better or worse, has dabbled in cryptocurrency.

The Shadow of the $10 Million Cryptocurrency Controversy

Last October, MrBeast was embroiled in a scandal after crypto investigator SomaXBT revealed that the content creator had made over $10 million by promoting low- Capital Token .

The investigation found that MrBeast participated in multiple Initial DEX Offerings (IDOs) , making significant profits as Token prices skyrocketed. However, after he withdrew, most of these projects lost more than 90% of their value. These projects were quickly identified as pump and Dump schemes.

One of the most prominent examples involves the SuperFarm ($SUPER) Token . Back in March 2021, the project was backed by influencer Elliot Trades. According to SomaXBT, MrBeast invested $100,000 in the project and was given 1 million $SUPER Token . Shortly after he joined, the value of the Token skyrocketed.

In a separate investigation, Loock Advising alleges that the YouTuber made at least $23 million from insider trading involving rug pulls .

MrBeast's latest filing shows he is ready to formalize his Vai in the financial sector after years of experimenting with cryptocurrencies.

Whether MrBeast Financial becomes a legitimate banking platform or another influencer-led experiment, its success will test how far digital creators can extend their influence from entertainment to finance.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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