Australian First: Ebonex, cryptocurrency platform, partners with Mastercard - NASDAQ ANNOUNCEMENT

Thursday 18th August 2022

Please find attached announcement shared on the NASDAQ this week announcing Australian start up Ebonex, whose parent company Ebang International Holdings Inc’s partnership with global payments provider Mastercard allowing Aussies the opportunity to pay for everything from their morning coffee to their next car using the crypto assets. Your audience may be interested in this.

In an Australian first, this exclusive partnership means Ebonex has become the first Australian Crypto Exchange to be a principal member of Mastercard for Card Issuance. Ebonex allows customers to buy, sell and trade cryptocurrency, and now, through the partnership with Mastercard, customers have the flexibility to pay and spend their crypto and/or Aussie dollars, in real-time.

Through its intuitive, seamless crypto platform and 24/7 customer support and education, Ebonex plans to make crypto purchasing and spending more accessible, not only to the typical white-collar worker, but to women, mothers, blue-collar workers and those not entrenched in the fintech/crypto world. The Mastercard partnership is the next step, making crypto spending more accessible and available to all types of customers.

Chief Innovation Officer of Ebonex, Johnny Phan commented, “This partnership creates a lot of possibilities for Ebonex, we see a critical role to serve as a business enabler, to help impact the fast pace at which the adoption of digital money payments unfolds and we want to be at the forefront of bringing new innovative spending rewards to our customers.

Ebonex will issue both virtual and physical cards to their Australian customer base by Q4, 2022 (October). The Ebonex physical card will be the first illuminated LED card in Australia, lighting up when it’s tapped. Users will also be rewarded when using the card in the form of digital assets, NFTs, cashback, frequent flyer points, lounge access and subscriptions to online media and music.

Ebonex will continue to work closely with Mastercard to deliver more card options and expand globally in countries such as Singapore, Hong Kong and New Zealand by the end of 2023. Ebang International Holdings Inc’s (Nasdaq: EBON) is the parent company behind Ebonex Australia Pty Ltd.

Ebonex is an Australian cryptocurrency exchange platform that offers its users the ability to buy, sell and pay with their crypto. After establishing themselves in 2021, Ebonex believes everyone should be given equal opportunity and accessibility to understand, engage and utilise crypto, and aims to drive mass adoption of crypto through its product and service offerings, as we evolve into a new world of finance.

Mastercard Press Release Ebonex NASDAQ

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