February 1, 2023

Tishamarie online

Specialists in technology

Visa’s trademark filings hint at launch of crypto wallet

Visa card next to a golden Bitcoin

Visa Worldwide Service Affiliation on Oct. 22 filed two trademark programs that hinted at strategies of launching a crypto wallet, according to a Twitter write-up by trademark legal professional Mike Kondoudis.

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

Rapid details

  • The credit rating card giant filed programs for non-downloadable computer software used “to watch, entry, keep, monitor, take care of, trade, ship, acquire, transmit, and exchange electronic forex, digital forex, cryptocurrency, electronic and blockchain property, and non-fungible tokens.”
  • The trademark software also involved filings for software program 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 merchandise, specifically, a collectible collection of non-fungible tokens.” 
  • The corporation also hinted at metaverse ambitions, as it submitted for program “providing virtual environments in which end users can interact for leisure, leisure or entertainment needs obtainable in the virtual planet.” 

See linked post: Hong Kong sees significant engagement with crypto, Visa research shows