Uphold to Launch Crypto Card in Europe After Optimus Acquisition

After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent.According to a Feb. 2 announcement, Uphold is planning to roll out its crypto-powered debit card in Europe starting in April 2021. Uphold CEO JP Thieriot said that the launch in Europe follows a successful roll out in the United States:“From April, we plan to start rolling out the world's....

Uphold has acquired Bitnet's Bitcoin-based merchant payments solution business to create Uphold Merchant Services. Uphold, the blockchain based online financial platform has announced its acquisition of Bitnet, or at least what’s left of it to create Uphold Merchant Services. Uphold’s deal follows the earlier acquisition of Bitnet’s blockchain IPs by one of its investors, Rakuten. Bitnet has been one of the familiar names in the cryptocurrency industry. The platform has been offering Bitcoin merchant payments services while researching into various other applications of blockchain....

The acquisition will reportedly allow Uphold to launch fractional equities in the United States in 2021. Cryptocurrency wallet and trading platform Uphold has received regulatory approval to purchase JNK Securities, a U.S. broker-dealer.In an announcement from Uphold today, the U.S. Financial Industry Regulatory Authority, or FINRA, gave the firm the green light to acquire JNK Securities. Uphold said the acquisition is aimed at allowing the platform to launch fractional equities in the United States later this year in addition to providing an interface for users to trade between crypto,....

Uphold Inc., a platform that provides various financial services and encourages fintech innovation, now allows customers in Greater China and Hong Kong to use their China UnionPay card to load funds to their Uphold wallet. Uphold is partnering with China UnionPay, the largest bank card association in China. Uphold offers China UnionPay customers a safe, secure, and transparent suite of financial services. In announcing the China UnionPay partnership, Anthony Watson, Uphold president and CEO, said Uphold becomes the first U.S.-based financial services company to provide services in Greater....

The Voxelus virtual reality (VR) content creation platform is making its VOX currency available on the Uphold cloud money platform in a beta pre-sale. Uphold users can order VOX on Uphold before its general release on March 30, 2016, according to Anthony Watson, president and CEO of Uphold Inc. Voxelus allows users to create VR games and experiences without having to rewrite code. It offers a VR player app that plays content using the desktop content tool on Samsung VR or Oculus Rift and is developing even more features. Uphold in November launched the ability for U.S. members to fund....