NEW YORK—Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product based on Blockrize’s work.
Later this year, the company said it will launch a credit card that works like a regular credit card, but you earn bitcoin rewards based on purchases, Tech Crunch reported.
The credit card will work like any other credit card and will be available in the U.S. Customers will earn up to 3% in bitcoin rewards.
“This isn’t the first time a company is announcing a credit card with bitcoin rewards. BlockFi already announced its own card back in December,” TechCrunch said.