BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card
BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.
BlockFi plans to use the Series D to build a range of financial services, said CEO Zac Prince. Is a public offering next for the crypto unicorn?
Only 1,000 of the bitcoin credit cards will be issued in 2021, with shipping expected in June.
Gemini cardholders will be given the option to transfer their crypto rewards into interest-earning program Gemini Earn.
The payments giant plans to support digital currency transactions directly on network.
Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021