# Kraken Rolls Out Multi-Asset Debit Card in the US > The Krak Card lets American customers spend from more than 600 crypto and fiat balances anywhere Visa is accepted, earning up to 2% cashback in dollars or bitcoin. - Publication: Go Big News - By Go Big News Staff (Staff News) - Category: Finance - Published: 2026-08-20T00:01:00+00:00 - Canonical: http://www.gobignews.com/finance/kraken-rolls-out-multi-asset-debit-card-in-the-us --- Kraken has launched its multi-asset Krak Card in the United States, according to Finextra, bringing the crypto exchange's debit card to American customers. The rollout, announced August 18, makes the card available immediately in both physical and virtual form. The card lets holders store money across more than 600 currencies and assets, spanning crypto tokens and conventional money, and spend any of them wherever Visa is accepted worldwide. At checkout, balances are converted to US dollars in real time to settle the purchase, and customers control the details: they set the priority order that determines which assets are spent first and can mark specific holdings as off-limits entirely. Purchases earn up to 2% cashback, paid instantly in the customer's choice of US dollars or bitcoin, with reward rates tiered according to the assets a customer holds. Arjun Sethi, co-CEO of Kraken parent company Payward, said the card turns whatever people choose to hold into money they can spend anywhere — and pays the value back as cash rather than points. The US debut extends a product Kraken first brought to the UK and European Economic Area late last year, where more than 135,000 Krak Cards have been issued since December. Founded in 2011, Kraken is one of the longest-operating cryptocurrency exchanges in the United States, and the card is a centerpiece of its expansion beyond trading into payments and everyday financial services — a push that puts spending from a crypto portfolio on the same footing as swiping a conventional bank card. --- ## Companies in this story - Kraken: http://www.gobignews.com/company/kraken