Crypto.com says it has obtained a license letting it issue cards on Mastercard’s network.

The new program, announced Wednesday (Dec. 4), will let Crypto.com launch a Mastercard-powered card in Bahrain, letting its customers use their card at over 150 million in-store and online locations worldwide.

“Users can easily fund their cards through the Crypto.com app using e-money wallets or third party-issued credit and debit cards,” the company said in a news release. “The innovative payment product will be available across all five Crypto.com card tiers, including Black Obsidian, offering rewards up to 8% on spending and will be denominated in USD.”

The company says this partnership “cements the progression” of…