2/3/2021, 1:25 PM (Source: TeleTrader)
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Visa, First Boulevard partner on crypto products

Visa said on Wednesday that it is teaming up with digitally native neobank First Boulevard to help First Boulevard customers buy and sell Bitcoin via Anchorage, Visa's partner which is also the first federally chartered digital asset bank in the United States. The project will be the first to use Visa's new suite of crypto APIs.

"We set out to make Visa the bridge between digital currencies and our global network of 70 million merchants and today we are the leading network for crypto wallets with 35 crypto platforms choosing to issue with Visa. With this pilot program, we want to extend the value of Visa to our neobank and financial institution clients by providing an easy bridge to crypto assets and blockchain networks," Visa chief product officer, Jack Forestell said.

The API pilot program will be launched later in 2021.

Baha Breaking News (BBN) / VP