Funds big Visa has filed two trademark purposes masking a variety of cryptocurrency services and products, together with its personal crypto pockets. The filings additionally point out crypto transaction administration and non-fungible tokens (NFTs).
Visa’s New Trademark Purposes
Visa has filed two trademark purposes with america Patent and Trademark Workplace (USPTO). Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted Thursday:
Visa has filed 2 trademark purposes claiming plans for managing digital, digital, and cryptocurrency transactions, digital forex + cryptocurrency wallets, NFTs + digital items, offering digital environments … and extra.
Description of Visa’s trademark purposes for crypto companies, together with a crypto pockets. Supply: Mike Kondoudis
Filed on Oct. 22, the purposes’ serial numbers are 97643605 and 97643607. Visa Worldwide Service Affiliation, a subsidiary of Visa Inc., is listed because the proprietor of the emblems.
An excerpt of one of many trademark purposes reads: “on-line non-downloadable software program for administration of digital transactions; non-downloadable digital items; non-downloadable digital items, specifically, a collectible sequence of non-fungible tokens; on-line non-downloadable software program to be used as a digital forex pockets and storage companies software program; on-line non-downloadable software program to be used as a cryptocurrency pockets.”
Visa has been energetic in the crypto house for a number of years. The corporate has partnered with greater than 65 crypto corporations, together with exchanges and pockets service suppliers, to allow crypto funds at over 80 million retailers.
In January 2021, Visa CEO Alfred Kelly revealed his firm’s plan to allow crypto buying and selling on its community. Anticipating crypto turning into “extraordinarily mainstream,” he stated Visa is diving into crypto “in a really, very huge method.” In December 2021, the funds big launched crypto advisory companies. In Might 2020, Visa filed a patent utility for a fiat-linked cryptocurrency system utilizing “a personal permissioned distributed ledger platform.”
A rising variety of firms have filed trademark purposes regarding crypto and the metaverse with the USPTO. Final week, Paypal and Western Union filed trademark purposes for a wide range of crypto companies. Earlier this month, Method One filed eight trademark purposes for “F1” masking many crypto and metaverse services and products. Ford equally filed 19 trademark purposes final month. E-commerce big Ebay filed two in June, Fb proprietor Meta filed 5 in Might, and Mastercard filed 15 associated trademark purposes in April.
Would you employ Visa’s crypto pockets if it’s launched? Tell us in the feedback part under.
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