Binance will become the owner of the cryptostartup Swipe.io

Binance cryptocurrency exchange will soon become the holder of a controlling stake in the startup Swipe.io, The Block reports.

It is noted that the transaction is another step of the platform for creating your own payment card. Currently, the parties declined to comment, but details may appear within this week.

Recall that plans to issue its own card Binance announced in early April of this year. According to the developers, it will contribute to the further development of cryptocurrency and every day “make life easier” for the customers of the trading platform. In turn, Swipe.io offers a multi-currency application for crypto-wallets, as well as a Visa debit card, with support not only for fiat, but also for digital funds.