Share this article
Mastercard Revealed as Partner on Gemini Crypto Credit Card
Gemini cardholders will be given the option to transfer their crypto rewards into interest-earning program Gemini Earn.
Updated May 9, 2023, 3:18 a.m. Published Apr 27, 2021, 11:03 a.m.
Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has partnered with Mastercard to launch a crypto rewards credit card this summer.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The Tuesday announcement reveals further details about Gemini’s upcoming credit card, which was first announced in January.
- This is not the first credit card to make crypto rewards available for crypto cardholders. Back in December, cryptocurrency lender BlockFi announced the launch of its rewards credit card in the first quarter of this year, calling it the first of its kind in an industry that is already saturated with bitcoin reward debit cards.
- BlockFi promised users for every transaction made with its card 1.5% cash back will accrue and then automatically be converted to bitcoin and placed into the user's BlockFi account.
- Gemini cardholders will be given the option to transfer their crypto rewards into interest-earning program Gemini Earn, said the firm.
- The card will be made available to American investors across all 50 states later this year.
Read more: Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Brazil’s Largest Asset Manager Recommends Investors Put Up to 3% of their Money in Bitcoin to Hedge Against FX, Market Shocks
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency.
What to know:
- Itaú Asset Management recommends Brazilian investors allocate 1-3% of portfolios to bitcoin for diversification, citing its low correlation with traditional assets.
- The recommendation is a measured approach, suggesting a small, steady exposure to bitcoin as a complementary asset.
- In a year-end analyst’s note, the firm called for a disciplined, long-term mindset, warning against market timing and suggesting that a small allocation can act as a partial hedge and offer access to global returns.
Top Stories
