Visa’s trademark filings hint at launch of crypto wallet

Visa Intercontinental Company Affiliation on Oct. 22 submitted two trademark programs that hinted at designs of launching a crypto wallet, in accordance to a Twitter submit by trademark attorney Mike Kondoudis.

See similar post: Visa to launch 1st Bitcoin-joined card in Australia

Rapidly facts

• The credit score card huge submitted purposes for non-downloadable computer software applied “to check out, entry, retail store, check, manage, trade, send out, obtain, transmit, and exchange electronic currency, digital forex, cryptocurrency, electronic and blockchain belongings, and non-fungible tokens.”

• The trademark application also integrated filings for computer software 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 collection of non-fungible tokens.” 

• The enterprise also hinted at metaverse ambitions, as it filed for software “providing virtual environments in which people can interact for leisure, leisure or entertainment needs accessible in the virtual earth.” 

See connected report: Hong Kong sees significant engagement with crypto, Visa study reveals