Bitcoin financial services company Fold announces expansion of cooperation with Visa

Bitcoin financial services company Fold announced an expansion of its collaboration with Visa (NYSE: V), aiming to launch an innovative Bitcoin rewards card program, including the existing debit card plan and upcoming credit card products. This cooperation will leverage Visa's shared services and incentives to further enhance the reward experience.

It is reported that Fold revealed that its platform features include Bitcoin purchases, early wage deposits, automatic "round-up" purchases of Bitcoin when spending, as well as tools for managing and growing Bitcoin assets.

Fold CEO Will Reeves said: "Bitcoin is the next evolution of rewards, this collaboration with Visa will further enhance the value we provide to our users." Prior news stated that bitcoin financial services company Fold announced it had completed a $30 million convertible bond financing.