Krak Unveils Multi-Asset Debit Card with Up to 2% Cashback in US Dollars or Bitcoin

Krak, the global money app from Kraken's multi-asset trading platform, has launched its innovative multi-asset debit card for U.S. customers.

The Krak Card rewards everyday spending with up to 2% cashback paid as US dollars or in Bitcoin, allowing customers to store and spend over 600 currencies and assets at checkout.

Paid by Stripe and issued by Lead Bank pursuant to a license from Visa, the card gives customers acceptance at millions of merchants worldwide.

A survey conducted by Krak found that nearly two-thirds (63%) of Americans feel financially behind, while 60% would switch to a debit card offering meaningful rewards without taking on debt.