Visa’s trademark filings hint at launch of crypto wallet

Barbie Espinol

Visa International Service Association on Oct. 22 filed two trademark applications that hinted at plans of launching a crypto wallet, according to a Twitter post by trademark attorney Mike Kondoudis.

See related article: Visa to launch first Bitcoin-linked card in Australia

Fast facts

  • The credit card giant filed applications for non-downloadable software used “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange digital currency, virtual currency, cryptocurrency, digital and blockchain assets, and non-fungible tokens.”
  • The trademark application also included filings for 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, namely, a collectible series of non-fungible tokens.” 
  • The company also hinted at metaverse ambitions, as it filed for software “providing virtual environments in which users can interact for recreational, leisure or entertainment purposes accessible in the virtual world.” 

See related article: Hong Kong sees high engagement with crypto, Visa research shows

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