New MetaMask Metal Payment Card: Self-Custody Crypto Card With Direct Payments Unveiled by CompoSecure, Baanx and MetaMask
CompoSecure (NASDAQ: CMPO) has partnered with Baanx and MetaMask to launch the MetaMask metal payment card, a revolutionary self-custody crypto payment solution. The card, previewed at ETHDenver, enables direct spending from MetaMask wallets without traditional banking intermediaries.
Operating on the Linea network and backed by Mastercard's global payment network, the card processes transactions in under five seconds through smart contract verification. Unlike traditional crypto cards, it doesn't require pre-loading funds or crypto-to-fiat conversion before spending.
The card operates on a non-custodial neo-banking model, allowing users to maintain control of their digital assets until transaction completion. Set for global launch in Q2 2025, it aims to transform crypto from an investment vehicle into an everyday currency, enabling seamless payments for daily transactions without conversions, delays, or hidden fees.
CompoSecure (NASDAQ: CMPO) ha collaborato con Baanx e MetaMask per lanciare la carta di pagamento metallica MetaMask, una soluzione rivoluzionaria di pagamento crypto in self-custody. La carta, presentata in anteprima a ETHDenver, consente di spendere direttamente dai wallet MetaMask senza intermediari bancari tradizionali.
Funzionando sulla rete Linea e supportata dalla rete globale di pagamento Mastercard, la carta elabora le transazioni in meno di cinque secondi tramite la verifica di smart contract. A differenza delle carte crypto tradizionali, non richiede il caricamento anticipato di fondi né la conversione da crypto a valuta fiat prima della spesa.
La carta opera con un modello neo-bancario non-custodial, permettendo agli utenti di mantenere il controllo sui propri asset digitali fino al completamento della transazione. Prevista per il lancio globale nel secondo trimestre del 2025, punta a trasformare la crypto da veicolo d'investimento in valuta di uso quotidiano, abilitando pagamenti senza interruzioni, conversioni, ritardi o costi nascosti.
CompoSecure (NASDAQ: CMPO) se ha asociado con Baanx y MetaMask para lanzar la tarjeta de pago metálica MetaMask, una solución revolucionaria de pago cripto en autocustodia. La tarjeta, presentada en ETHDenver, permite gastar directamente desde las billeteras MetaMask sin intermediarios bancarios tradicionales.
Funciona en la red Linea y está respaldada por la red global de pagos de Mastercard, procesando transacciones en menos de cinco segundos mediante la verificación de contratos inteligentes. A diferencia de las tarjetas cripto tradicionales, no requiere precargar fondos ni convertir cripto a fiat antes de gastar.
La tarjeta opera bajo un modelo neobancario no custodial, permitiendo a los usuarios mantener el control de sus activos digitales hasta la finalización de la transacción. Con lanzamiento global previsto para el segundo trimestre de 2025, busca transformar las criptomonedas de un vehículo de inversión a una moneda de uso cotidiano, facilitando pagos sin conversiones, demoras ni tarifas ocultas.
CompoSecure (NASDAQ: CMPO)는 Baanx 및 MetaMask와 협력하여 혁신적인 셀프 커스터디 암호화폐 결제 솔루션인 MetaMask 메탈 결제 카드를 출시했습니다. 이 카드는 ETHDenver에서 공개되었으며, 전통적인 은행 중개인 없이 MetaMask 지갑에서 직접 결제할 수 있습니다.
Linea 네트워크에서 작동하며 Mastercard의 글로벌 결제 네트워크가 지원하는 이 카드는 스마트 계약 검증을 통해 5초 이내에 거래를 처리합니다. 기존 암호화폐 카드와 달리, 사전 자금 충전이나 암호화폐를 법정화폐로 변환할 필요가 없습니다.
이 카드는 논커스터디(비수탁) 네오뱅킹 모델로 운영되어 사용자가 거래 완료 시까지 디지털 자산의 통제권을 유지할 수 있습니다. 2025년 2분기 글로벌 출시 예정이며, 암호화폐를 투자 수단에서 일상 통화로 전환하여 변환, 지연, 숨겨진 수수료 없이 원활한 결제를 가능하게 하는 것을 목표로 합니다.
CompoSecure (NASDAQ : CMPO) s'est associé à Baanx et MetaMask pour lancer la carte de paiement métallique MetaMask, une solution révolutionnaire de paiement crypto en auto-conservation. La carte, présentée en avant-première à ETHDenver, permet de dépenser directement depuis les portefeuilles MetaMask sans intermédiaires bancaires traditionnels.
Fonctionnant sur le réseau Linea et soutenue par le réseau mondial de paiement Mastercard, la carte traite les transactions en moins de cinq secondes grâce à la vérification par contrat intelligent. Contrairement aux cartes crypto classiques, elle ne nécessite pas de précharger des fonds ni de conversion crypto-vers-fiat avant utilisation.
La carte fonctionne sur un modèle néobanque non-custodial, permettant aux utilisateurs de garder le contrôle de leurs actifs numériques jusqu'à la finalisation de la transaction. Prévue pour un lancement mondial au deuxième trimestre 2025, elle vise à transformer la crypto d'un véhicule d'investissement en monnaie courante, permettant des paiements fluides pour les transactions quotidiennes sans conversions, délais ou frais cachés.
CompoSecure (NASDAQ: CMPO) hat sich mit Baanx und MetaMask zusammengeschlossen, um die MetaMask Metall-Zahlungskarte zu lancieren, eine revolutionäre Self-Custody-Krypto-Zahlungslösung. Die Karte, die auf der ETHDenver vorgestellt wurde, ermöglicht direkte Ausgaben aus MetaMask-Wallets ohne traditionelle Bankintermediäre.
Die Karte arbeitet im Linea-Netzwerk und wird vom globalen Zahlungsnetzwerk von Mastercard unterstützt. Transaktionen werden in weniger als fünf Sekunden durch Smart-Contract-Überprüfung verarbeitet. Im Gegensatz zu herkömmlichen Krypto-Karten ist kein Vorladen von Guthaben oder eine Krypto-zu-Fiat-Konvertierung vor dem Ausgeben erforderlich.
Die Karte basiert auf einem nicht-kustodialen Neo-Banking-Modell, das den Nutzern erlaubt, die Kontrolle über ihre digitalen Vermögenswerte bis zum Abschluss der Transaktion zu behalten. Der globale Start ist für das zweite Quartal 2025 geplant und soll Krypto von einem Investmentvehikel zu einer Alltagswährung machen, die nahtlose Zahlungen ohne Umwandlungen, Verzögerungen oder versteckte Gebühren ermöglicht.
- Strategic partnership with major crypto wallet provider MetaMask expands market reach
- Integration with Mastercard's global payment network ensures wide acceptance
- Innovative product addressing growing crypto payment market
- Revenue potential from processing fees and card manufacturing
- Product launch delayed until Q2 2025
- Faces competition in increasingly crowded crypto payment space
- Regulatory uncertainties in crypto payment sector could impact adoption
Insights
CompoSecure expands into cryptocurrency payments market through strategic MetaMask card partnership, creating new revenue potential without altering their core business model.
CompoSecure's launch of the MetaMask metal payment card represents a significant strategic expansion into the cryptocurrency payments sector. This collaboration with Baanx and MetaMask places CompoSecure at the intersection of traditional payments and digital assets, leveraging their expertise in metal payment cards for an entirely new customer segment.
The product offers a compelling differentiation in the market through its non-custodial approach. Unlike conventional crypto cards that require pre-loading funds or conversion to fiat, this solution enables direct spending from self-custody wallets—preserving a key value proposition for crypto users who prioritize asset control. The Mastercard network integration ensures widespread merchant acceptance, addressing the "last mile" problem that has limited cryptocurrency's practical utility.
From a business perspective, this development carries several positive implications:
- Diversification beyond traditional financial institutions into the growing crypto sector
- Alignment with CompoSecure's established manufacturing capabilities
- Partnership with recognized brands enhances market positioning
- Entry into a growing market segment with different growth dynamics
The Q2 2025 global launch timeline indicates this is a forward-looking strategic move rather than an immediate revenue driver. While the article doesn't disclose financial projections or partnership economics, this development represents CompoSecure extending their core competency in secure payment cards to an adjacent, high-growth market without requiring significant business model adjustments.
A simple, secure, and direct way to spend crypto directly from MetaMask, one of the world’s leading self-custody wallet providers
SOMERSET, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (“CompoSecure”) (NASDAQ: CMPO), a leader in metal payment cards, security, and authentication solutions, in collaboration with Baanx and MetaMask, today announced the launch of the MetaMask metal payment card. The new cutting-edge payment solution bridges the gap between self-custody crypto and real-world spending. This metal card enables users to securely pay directly from their self-custody MetaMask wallets, eliminating the need for traditional banking intermediaries. MetaMask previewed the new card at ETHDenver last month, and is set to launch worldwide in the second quarter of 2025.
"The future of non-custodial neobanking is here,” said Simon Jones, Chief Commercial Officer at Baanx. “Our partnership with MetaMask and Mastercard will make spending crypto as easy as tap-to-pay. No conversions, no delays, no middlemen, just seamless, instant transactions. From inspiration to security technology, the team at CompoSecure made our dreams a reality, creating this beautifully designed metal payment card.”
Backed by Mastercard’s global payment network, the MetaMask Card transforms crypto into a seamless payment tool. The MetaMask card seamlessly bridges the gap between Web2 and Web3 ecosystems like a traditional debit card, enabling users to purchase directly from their MetaMask wallet while retaining custody of their funds until the moment of the transaction. Whether grabbing coffee, booking a flight, or paying rent, crypto holders can now spend their digital assets instantly without conversions, delays, or hidden fees. The new metal payment card solves “the last mile” problem with a simple, secure, and direct way to spend directly from one of the world's leading self-custody wallet providers.
"For too long, crypto users have been locked out of everyday finance,” said Ale Machado, Product Manager at MetaMask. “The MetaMask Card changes that. It allows millions of users worldwide to finally bridge the gap between the blockchain and the real world without sacrificing control or security."
Unlike traditional crypto debit cards, the MetaMask Card doesn’t require users to pre-load funds or convert crypto into fiat before spending. Instead, a smart contract seamlessly verifies and authorizes transactions on the blockchain in under five seconds, ensuring instant payment processing. This non- custodial neo-banking model ensures users retain full control of their digital assets, avoiding the risks associated with centralized exchanges or third-party financial institutions. The card operates on the Linea network, secured by Ethereum, enabling fast and cost-effective transactions on a truly global scale.
“The MetaMask metal payment card isn’t just another crypto card, it’s a paradigm shift,” said Jon Wilk, CEO of CompoSecure. “As the financial landscape evolves, non-custodial neobanking is set to redefine global commerce. With billions of dollars in stablecoins already transacting across public blockchains, the MetaMask card represents the missing link that turns crypto from an investment into a true, everyday currency like cash, anywhere, anytime.”
The MetaMask Metal Payment Card is scheduled to launch globally in the second quarter of 2025. For more information or to join the waitlist, please visit the MetaMask Portfolio.
About CompoSecure
Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe. The company combines elegance, simplicity and security to deliver exceptional experiences and peace of mind in the physical and digital world. CompoSecure’s innovative payment card technology and metal cards with Arculus security and authentication capabilities deliver unique, premium branded experiences, enable people to access and use their financial and digital assets and ensure trust at the point of a transaction. For more information, please visit www.CompoSecure.com and www.GetArculus.com.
About Baanx ($BXX)
Baanx is a leading crypto payments and B2B2C digital asset services provider whose portfolio includes major crypto card programmes including CL Card and 1inch Card. This full suite of services offers users full control over their assets. Using the CL Card, users are able to securely spend crypto assets globally with over 90 million merchants. By collaborating with those at the forefront of the emerging financial technology industry (such as Ledger, 1inch, and Mastercard) Baanx is able to elevate their customer experience through innovation.
Baanx.com Ltd is one of the first companies to receive approval from the UK Financial Conduct Authority (FCA), operating Fintech payment services which utilise an Electronic Money Institution (EMI) license UK & EU/EEA and a Credit Broking License (UK). Join us in shaping the future of Trustless Banking as a Service (BaaS). https://baanx.com/
About Consensys
Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including the MetaMask platform, Infura, Linea, Diligence, and Phosphor, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit https://consensys.io/.
For CompoSecure: Anthony Piniella
Head of Communications
(917) 208-7724
apiniella@composecure.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/30b168b4-ea3b-4418-ad16-5b3077d4c1f7
FAQ
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