Trademark filings indicate Visa is strongly interested in cryptoassets and the Metaverse.
In Brief:
Visa has filed trademarks with the US Patent and Trademark Office related to software that enables payment processing for cryptocurrency.
This was also mentioned in relation to non-fungible tokens.
Visa has also mentioned managing digital transactions and auditing.
What does this mean?
While the trademark application is pending approval, Visa has not only indicated plans to launch digital currency transactions but also references NFTs and offering “virtual goods” and “virtual environments”. The application, shared by a trademark attorney on social media, could indicate a wider offering than just payments services and an interest in the Metaverse.
