Fintech

Visa launches crypto consultancy to help banks tackle bitcoin

Visa is broadening its reach into digital assets beyond NFTs and cryptocurrencies

Visa expanded its crypto strategy significantly in 2021, spending $150,000 to buy a CryptoPunk NFT
Visa expanded its crypto strategy significantly in 2021, spending $150,000 to buy a CryptoPunk NFT Photo: Pavlo Gonchar/Getty Images

Visa is launching a cryptocurrency advisory practice, a move it says will help banks and merchants embrace growing client demand for digital assets.

The payments provider said its new practice is aimed at financial institutions looking to help customers build a crypto offering, including assets such as non-fungible tokens, crypto wallets and central bank digital currencies.

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