January 28, 2023

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Unlimited Technology

Visa card next to a golden Bitcoin

Visa’s trademark filings hint at launch of crypto wallet

Visa Global Provider Association on Oct. 22 submitted two trademark apps that hinted at programs of launching a crypto wallet, according to a Twitter put up by trademark attorney Mike Kondoudis.

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

Speedy info

  • The credit history card giant submitted applications for non-downloadable software program utilised “to view, obtain, retail outlet, keep track of, handle, trade, ship, acquire, transmit, and exchange digital forex, digital currency, cryptocurrency, digital and blockchain assets, and non-fungible tokens.”
  • The trademark software also provided filings for software package for the “management of electronic transactions” and “use as a cryptocurrency wallet.”
  • Visa’s submitting also showcased non-fungible tokens (NFTs), referred to as “non-downloadable virtual goods, particularly, a collectible series of non-fungible tokens.” 
  • The corporation also hinted at metaverse ambitions, as it filed for application “providing digital environments in which customers can interact for recreational, leisure or leisure applications accessible in the virtual world.” 

See associated write-up: Hong Kong sees high engagement with crypto, Visa investigate reveals