February 25, 2024

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Visa’s trademark filings hint at launch of crypto wallet

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Visa card next to a golden Bitcoin

Visa Global Provider Affiliation on Oct. 22 submitted two trademark applications that hinted at designs of launching a crypto wallet, in accordance to a Twitter put up by trademark legal professional Mike Kondoudis.

See relevant article: Visa to start to start with Bitcoin-joined card in Australia

Rapidly details

  • The credit rating card huge filed apps for non-downloadable software package made use of “to perspective, accessibility, retailer, watch, take care of, trade, mail, get, transmit, and trade electronic forex, digital currency, cryptocurrency, electronic and blockchain assets, and non-fungible tokens.”
  • The trademark software also involved filings for application for the “management of electronic transactions” and “use as a cryptocurrency wallet.”
  • Visa’s submitting also highlighted non-fungible tokens (NFTs), referred to as “non-downloadable digital items, specifically, a collectible sequence of non-fungible tokens.” 
  • The firm also hinted at metaverse ambitions, as it filed for program “providing virtual environments in which end users can interact for recreational, leisure or enjoyment functions accessible in the virtual world.” 

See related post: Hong Kong sees superior engagement with crypto, Visa research shows

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