The Krak Card enables users in the UK and EU to earn 1% cash back on purchases, redeemable in Bitcoin or local fiat. It provides flexibility by merging currencies for payments, connecting to users’ savings accounts in the Krak app.
This launch sets the stage for Kraken’s anticipated IPO after securing 800 million USD in funding. The company aims to swiftly expand this offering to U.S. Users, enhancing rewards and features of the Krak Card.
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