Meta(facebook) spends $60MM in cash on Domains & Trademark to secure its new name in USA

$60MM is just the beginning,It has to acquire trademarks and ccTLD(Meta.cn,Meta.ru,Meta.fr,Meta.uk...) in various countries.The total cost for the name Meta may be Hundreds of millions dollars.

Facebook's parent company Meta is determined to spend USD 60 Million to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing. 

 In order to acquire the Meta name and related brands, including Metabank and Metafinancial

All Meta-related domain names and social media accounts are to be transferred to a shell company, Beige Key LLC, owned by Facebook.

The most important in the portofio are the right of Metabank(Trademark and domain Metabank.com), Metafinancial(trademark and domain Metafinancial.com) and MetaPay(Trademark and domain metapay.com).

The 181 Meta Domains as follows

metabank.com
metafinancial.com
metapay.com

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Facebook Rebrands as Meta,Acquired the domain Meta.com

Connection is evolving and so are we.

The metaverse is the next evolution of social connection. Our company's vision is to help bring the metaverse to life, so we are changing our name to reflect our commitment to this future.