What this record means
The record shows that the mark “XAI” is dead; First Global Credit Ltd., a corporation organized in the United Kingdom, abandoned the application on March 4, 2020 after filing an express abandonment. The mark was applied for on the Principal Register for services in class 036, specifically financial services that include providing electronic transfer of a virtual currency with its own unique block address for use by members of an online community via a global computer network. Because the mark was abandoned, it does not confer any rights, but the history indicates that the owner once sought protection for that particular type of digital‑currency service. The prosecution history shows a series of correspondence and suspension notices, but no opposition, cancellation, or court action appears. The supplied history contains no visible enforcement activity. For someone considering a similar name, the closest concern would be the abandoned claim to a virtual‑currency transfer service; the mark no longer controls any use, yet the prior application suggests that the owner viewed that specific service as potentially distinctive.
Informational only - not legal advice.