The Kraken Card, announced in a news release Monday (July 13), is designed to link a customer’s crypto and cash balances to everyday spending.

“Our new debit card connects your Kraken balances to everyday spending, whether that’s online or in shops, so the money you hold is also money you can use,” the release said. “Your crypto finally works like money.”

The company added that the card — available in physical or virtual formats — is designed to feel like an extension of a customer’s Kraken account, letting them fund it from any crypto or fiat balance they hold, and spend any place that accepts