NEW YORK, Jan. 14, 2021 /PRNewswire/ — Gemini, a crypto alternate and custodian, at present introduced that it’s going to launch the Gemini Credit score Card, a bank card with cryptocurrency rewards. This effort has been accelerated by the acquisition of Blockrize, a fintech startup that has been constructing a bank card with cryptocurrency rewards. In preparation for launch later this 12 months, Gemini has opened the Gemini Credit score Card waitlist — offering Gemini prospects, and people already on the Blockrize waitlist, with early entry.
By combining Gemini’s easy, dependable, and protected platform with Blockrize’s rewards program, card holders will be capable of seamlessly earn as much as 3 p.c again in bitcoin, or different cryptos, on each buy they make with the Gemini Credit score Card.
“The Gemini Credit score Card will make it simpler for any client to put money into bitcoin and different cryptos with out altering their present habits, ” stated Tyler Winklevoss, CEO of Gemini. “Somewhat than deciding how and when to purchase crypto, prospects can accomplish that when making their on a regular basis purchases. We’re excited to welcome the Blockrize staff to Gemini and work collectively to proceed to mainstream crypto.”
Those that be part of the waitlist, and the greater than 10,000 individuals already on the Blockrize waitlist, will get early entry. The Gemini Credit score Card will work like a standard bank card. It is going to be out there to U.S. residents in each state and will likely be extensively accepted wherever main playing cards are accepted. Rewards will likely be mechanically deposited right into a cardholder’s Gemini account.
For Gemini customers or others fascinated about signing as much as the waitlist, please go to: https://gemini.com/credit-card/waitlist. To join a Gemini account go to: https://exchange.gemini.com/register.
That is Gemini’s second acquisition, following its acquisition of Nifty Gateway in November of 2019. Gemini continues to search for corporations that align with its values and mission to empower the person by crypto.
Gemini Belief Firm, LLC (Gemini) is a cryptocurrency alternate and custodian that enables prospects to purchase, promote, and retailer greater than 30 cryptocurrencies like bitcoin, bitcoin money, ether, litecoin, and Zcash. Gemini is a New York belief firm that’s topic to the capital reserve necessities, cybersecurity necessities, and banking compliance requirements set forth by the New York State Division of Monetary Companies and the New York Banking Legislation. Gemini was based in 2014 by twin brothers Cameron and Tyler Winklevoss to empower the person by crypto.
Head of Communications, Gemini