Nexo, a major cryptocurrency lender has launched a crypto-backed Mastercard card (NYSE:). This allows users to use cryptocurrencies such as (BTCYou can also buy their crypto.

Nexo announced Wednesday to Cointelegraph that it has teamed up with Mastercard, as well as the peer-to–peer payment startup DiPocket, to create the Nexo Card. This crypto card allows cardholders to store their cryptocurrency and not sell it.