Bitcoin financial services company Fold announces expansion of cooperation with Visa
Online reports that Bitcoin financial services company Fold announced an expansion of its partnership with Visa (NYSE: V) to launch innovative Bitcoin reward card programs, including existing debit card plans and upcoming credit card products. This cooperation will leverage Visa's shared services and incentives to further enhance the reward experience. According to reports, Fold revealed that its platform functions include Bitcoin purchases, advance salary deposits, automatic "round" purchases of Bitcoin by consumption, and tools to manage and grow Bitcoin assets. Will Reeves, CEO of Fold, said: "Bitcoin is the next evolution of rewards, and this cooperation with Visa will further enhance the value we provide to our users." Previously, Bitcoin financial services company Fold announced the completion of US$30 million in convertible bond financing.
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