Corn Launches Private Members Club for Digital Asset Holders

Corn, a company that previously operated a Bitcoin layer-2 network, has launched a private members club for digital asset holders.

The club combines a stablecoin payment card with concierge services and exclusive events for its members.

Corn's founder, Chris Spadafora, stated that the company built 'serious infrastructure' in its layer-2 network, which held around $1 billion at its peak, but much of this capital was used to collect incentives rather than use the network over time.

The experience led Corn to reconsider its business model and shift focus towards a service-oriented approach, providing personalized support and benefits for digital asset holders.