Crypto.com (MCO), the payment and cryptocurrency platform formerly known as Monaco, announced today that it has begun shipping it MCO Visa Cards, a range of prepaid cards that link to its mobile crypto wallet app, to users in Singapore.
According to the announcement, the MCO card features a metal design with no annual or monthly fees. There are also free ATM withdrawals, tap-and-pay functionality and even airport lounge access for certain card types.
“We are thankful for the support of all our partners and our community. During this process, our team has grown tremendously and worked incredibly hard to achieve this milestone,” said Kris Marszalek, Co-Founder and CEO of Crypto.com. “This is an important step towards our mission of accelerating the world’s transition to cryptocurrency.”
The card launch comes several weeks after the company announced the addition of XRP to its MCO wallet, which also includes support for bitcoin (BTC), ether (ETH), Litecoin (LTC), and Binance Coin (BNB).
MCO is up over 18% on the news, trading at $5.36. The project’s $84.6 million market cap makes it the 66th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.