Visa has filed for some trademarks that revealed that the credit giant may be exploring digital wallet services.

As per a recent release by the metaverse trademark attorney, Mike Kondoudis, Visa has filed for two trademarks which one of the filings revealed that Visa is looking to launch its digital wallets. 

The trademark applications included software for managing digital, virtual, and cryptocurrency transactions, and cryptocurrency wallets, and in addition to these, there were provisions for utility tokens, blockchain assets, and auditing cryptocurrencies. 

As financial institutions and payments companies are looking to become the biggest players in the crypto world, move with the trend by taking your crypto spending to a new level by building your portfolio through personal interaction with MyCryptoParadise experts.

Our Paradise Team is a group of experts with at least 6 years of trading experience, we make daily analysis of BTC, ETH, and other trending altcoins and share personal trading signals with our ParadiseFamilyVIP many of which win trades with little or no effort required from them.

Join our ParadiseFamilyVIP membership today on Binance (spot and futures), Bybit, Kucoin, OKX, and Bitmex using PRO20% for your special 20% discount; you’ll have a personal trading expert to assist you in all your trades with little or no effort required from you to win trades.

Is Visa Venturing into Metaverse?

Beyond crypto transaction software and wallets, the filings also included provisions for “non-downloadable virtual goods” such as Nonfungible tokens collectibles.

The application also contains some metaverse-related statements;

“Providing virtual environments in which users can interact for recreational, leisure or entertainment purposes accessible in the virtual world.”

Visa and its major competitor Mastercard have entered several partnerships with crypto firms in their quest to move with the trends.

To issue crypto debit cards, Visa announced partnership with Blockchain.com and this is the most recent of its crypto partnerships.

Also earlier this month, Visa partnered with FTX to roll out crypto debit cards in 40 countries. The firm has also linked up with investment banking giant JPMorgan. The two will work on private blockchains to facilitate cross-border transactions.

Join our telegram channels where we share our FREE updates and analysis on coins like BTC, ETH, and other trending altcoins. We also share our FREE secret insights, and also FREE market updates.

•  My Binance Paradise – https://t.me/MCP_binance
•  My KuCoin Paradise – https://t.me/MCP_KuCoin