KOLO Launches Next-Generation Digital Wallet with Worldwide Debit Card, Bridging Digital Assets and Everyday Spending
The post KOLO Launches Next-Generation Digital Wallet with Worldwide Debit Card, Bridging Digital Assets and Everyday Spending appeared on BitcoinEthereumNews.com.
Astana City, Kazakhstan, [Aprill 22nd, 2025] — KOLO, a leading web3 project, has officially launched its innovative digital wallet with a worldwide debit card. This will enable users to spend their digital assets at millions of merchants worldwide that accept Mastercard and Visa. The KOLO card provides security, convenience, and transparency. While not yet live, it aims to simplify crypto integration into daily life. The card will support a multi-platform ecosystem, including Telegram, a dedicated app, and a web interface. It will also combine both custodial and non-custodial wallet options. This approach aligns with the growing PayFi trend, offering on-ramp and off-ramp capabilities. Additionally, it will provide AI-powered trading routes for optimal exchange rates. A Vision for the Future of Decentralization and PayFi Trend Pavel Luchkovskyi, the CEO of KOLO, explained the reason for creating the platform: “I came into the crypto space with a dream to put digital assets into every pocket. At KOLO, we are here to remove boundaries between the banking world and digital assets, providing a worldwide debit card that can be funded with crypto or local currency like USD or EUR—a simple way to purchase, sell crypto, and earn yield in DeFi.” KOLO is pushing against any geographical restrictions and expanding globally. According to the CEO, the goal is to ensure digital finance has real-world applications. “The KOLO card bridges the gap between digital finance and real-world use, making spending crypto as simple as swiping a card,” Pavel added. Besides consumer usage, KOLO also provides its services to B2B clients globally. For business, they can integrate crypto payments, crypto payrolls, and corporate cards with the help of the KOLO financial infrastructure. Key Features of the KOLO Wallet and Card Pay with Crypto Anywhere: At KOLO, there is multi-platform availability, as users can pay with crypto…
Filed under: News - @ May 22, 2025 8:21 pm