March 4, 2024

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Visa’s trademark filings hint at launch of crypto wallet

1 min read
Visa card next to a golden Bitcoin

Visa Intercontinental Provider Association on Oct. 22 submitted two trademark purposes that hinted at strategies of launching a crypto wallet, in accordance to a Twitter post by trademark lawyer Mike Kondoudis.

See connected report: Visa to start 1st Bitcoin-joined card in Australia

Speedy specifics

  • The credit score card giant filed programs for non-downloadable software program applied “to perspective, entry, retail outlet, keep an eye on, regulate, trade, send, obtain, transmit, and trade electronic forex, virtual currency, cryptocurrency, electronic and blockchain property, and non-fungible tokens.”
  • The trademark software also incorporated filings for computer software for the “management of digital transactions” and “use as a cryptocurrency wallet.”
  • Visa’s filing also featured non-fungible tokens (NFTs), referred to as “non-downloadable virtual goods, particularly, a collectible collection of non-fungible tokens.” 
  • The firm also hinted at metaverse ambitions, as it submitted for application “providing virtual environments in which users can interact for leisure, leisure or enjoyment needs accessible in the virtual environment.” 

See relevant short article: Hong Kong sees large engagement with crypto, Visa study exhibits