World-famous payment company VISA has reportedly filed two trademark applications claiming plans for Web3 wallets and NFTs.
In this tweet, Mike Kondoudis, a USPTO-licensed trademark attorney, states that VISA filled some trademark applications for the following reasons:
- Managing Digital, Virtual, and Cryptocurrency transactions
- Cryptocurrency and Web3 Wallets.
- NFTs and Virtual Goods.
- Virtual environments in which users can interact for recreational, leisure, or entertainment purposes.
VISA joined the list of big and notable investors in the Web3 space. Unlike other companies, VISA is a payment service firm, meaning it will indeed feature cryptocurrency payments in the near future.