The funding will also be used to make the app interface more user-friendly and make it easy for customers to sign up for the debit card.
Spending on crypto-related cards is now its own category at the payments giant, said Visa’s Cuy Sheffield.
The integration brings the crypto exchange’s rewards-heavy spending tool to the iPhones of U.S. users.
The card supports 18 currencies, crypto among them.
The firm plans to start rolling out its multi-asset debit card on the Optimus platform in Europe "shortly."
The card can be used to spend crypto and fiat around the world.
Users can select any investment in their Bitpanda account to fund payments with the physical Visa card.
Queens-based Quontic Bank has become the first FDIC-insured financial institution to launch a bitcoin rewards checking program.
The peer-to-peer digital asset marketplace is launching a Visa card, starting in the U.S. market.
Coinbase is launching its Visa debit card in the U.S. early next year.
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards.
Card holders will be able to make crypto-backed payments from any Google Pay-enabled device.
The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations.
The London-based Monolith just added DAI to its crypto debit card product. But the startup itself has long used DAI to manage its treasury.
2gether, a European payment app allowing users to spend crypto via a Visa debit card, is adding dash to its list of nine supported coins.