May 26, 2022 | 2 min read

Marqeta wins Tearsheet Bankchain Award for crypto solution

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We’re excited to share that we won the “Innovation Award” at this year’s Tearsheet Bankchain Awards for our cryptocurrency card solution. Last year, we opened up a new use case of our modern card issuing platform to customers, allowing them to build crypto card programs on our open APIs. Our platform lets our customers launch cards that enable consumers to use their cryptocurrency holdings to make purchases in fiat currency from their crypto wallets in real-time. In addition, users can transfer their fiat-based currency to their accounts and choose to have them converted by our customers into cryptocurrency, enabling a more seamless user experience.

Tearsheet’s Bankchain Awards is one of the industry’s top awards programs, recognizing and celebrating the best products, services, and partnerships between blockchain firms and the traditional banking system. This year’s winners are taking up different strategies to incorporate cryptocurrency into their services and are some of the top firms and products in the space.

Consumer interest in cryptocurrency is rising and financial services are looking for ways to bring new and disruptive technologies to users. We look forward to continuing our work in the space and seeing what’s next for our cryptocurrency customers. Congratulations to all the companies recognized.

Learn more about our cryptocurrency card solution.

Check out the full list of Tearsheet Bankchain winners.

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