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Market News

Visa Files for Crypto Wallet, NFT & Metaverse Trademarks

Visa to debut in the metaverse by offering virtual environments in which users can interact for “recreational, leisure, or entertainment purposes.”

Written By:
Vismaya V

Last updated: October 28, 2022 6:35 AM
Published October 28, 2022 6:35 AM
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Last updated: October 28, 2022 6:35 AM
Published October 28, 2022 6:35 AM
Visa Files for Crypto Wallet, NFT & Metaverse Trademarks

Payments giant Visa is seemingly unstoppable with its ventures in the web3 space as it files trademark applications related to NFTs, Metaverse, and a crypto wallet.

The trademark registrations were disclosed by Mike Kondoudis, a trademark attorney who examines Metaverse and NFT trademark filings at the USPTO.

VISA has filed 2 trademark applications claiming plans for:

▶️ Managing Digital, Virtual, and Cryptocurrency transactions
▶️ Digital currency + Cryptocurrency wallets
▶️ NFTs + Virtual goods
▶️ Providing virtual environments
…and more#NFT #Metaverse #Web3 #Cryptocurrency pic.twitter.com/SnTkt8jx4o

— Mike Kondoudis (@KondoudisLaw) October 27, 2022

Visa filed two trademark applications claiming plans for non-downloadable software for users to “view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” cryptocurrency, NFTs, and more.

The filing also reveals Visa’s plans to launch an online non-downloadable software for a cryptocurrency wallet and a collectible series of NFTs.

Visa is also gearing up to audit crypto and other digital assets and debut in the metaverse by offering virtual environments where users can interact for “recreational, leisure, or entertainment purposes.”

VWith its ventures, Visa has always tried to expand its presence in web3. The recent one is Visa teaming up with FTX crypto exchange to offer debit cards in 40 countries, focusing on Latin America, Asia, and Europe.

In April, its rival company Mastercard filed for 15 trademarks, five each for its “Circles” logo, the popular “Priceless” slogan, and its brand name for several NFT, Metaverse, and financial goods and services.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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