Ebang International to Launch New Ebonex Crypto-Linked Payment Cards Powered by Mastercard
Ebang International Holdings Inc. - Class A Ordinary Shares (EBON)
Company Research
Source: GlobeNewswire
SYDNEY, Australia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that its Australian cryptocurrency exchange platform, Ebonex, has collaborated with Mastercard to enable a new crypto-linked card. Ebonex allows customers to buy, sell and trade crypto assets. This collaboration with Mastercard will give Ebonex customers the flexibility to spend their crypto holdings anywhere Mastercard is accepted by seamlessly converting it into fiat currency the merchant accepts. With this collaboration, Ebonex becomes the first Australian cryptocurrency exchange to be granted Mastercard’s Principal Member status for issuance of crypto-funded Mastercard payment cards. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, “As a new crypto exchange in Australia, we are privileged for Ebonex to attain a Principal Membership with Mastercard to self-issue crypto
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