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 via the Telegram mini app, Google Pay, and the web. Instantly pay at millions of stores and online services.
- AI-Powered Crypto Exchange: Get the best rates on crypto swaps with AI-driven optimization.
- Fiat On-Ramp & Off-Ramp: Easily buy and sell crypto using local currencies.
- Hybrid Wallet Security: Choose between custodial or self-custodial wallets to control digital assets completely.
- Seamless Crypto Conversion: Convert BTC, ETH, USDT, TRX, ARB, LTC, DOGE, PEPE, and more to fiat currency instantly.
- Ultimate Security: 2FA and biometric authentication through Telegram’s secure mini-app ensure top-tier protection.
- 9 Million Users & Growing: Over 9 million crypto users are already part of KOLO’s ecosystem.
KOLO Is on the Cutting Edge of the Booming Telegram Mini-App Trend
With the telegram mini-app trend pushing Ton TVL to a peak of $776 million, KOLO is at the forefront of this trend. Previously, KOLO partnered with CATS, a meme coin built on TON, The Open Network. The main goal of this collaboration was to launch a KOLO card with a KOLO-themed skin.
Subsequently, it was also an opportunity for users to have a fun and rewarding crypto experience.
Through KOLO Wallet’s integrated airdrop campaign, users can earn $CATS tokens for engagement. Many users earned rewards by sharing cat photos, creating avatars, and completing quests.
Furthermore, KOLO’s collaboration with the Telegram mini-app game Cats presents rare B2B co-branding opportunities for crypto communities.
Join the Crypto Revolution With KOLO
The KOLO wallet and card are increasing crypto adoption, which makes it easier to spend cryptocurrency. The project’s roadmap for the future is already outlined, with numerous launches and expansions worldwide.
Within Q1 of 2025, KOLO plans to integrate personal IBAN, SWIFT, and bank transfers into their services. It will also shift its services to Europe, Asia, and Africa in a wallet and card service expansion by Q2 2025. By quarter 4, the full version of their Android and iOS apps will be launched. Additionally, KOLO will introduce non-custodial wallet support within Q4 2025.
About KOLO
KOLO was founded in 2022 under the ownership of Hardline Holdings Limited, a private limited company. The KOLO team consists of 100+ people with more than 10 years of experience within the fintech sector.
KOLO is a hybrid crypto wallet that offers asset storage, DeFi management, and card services for personal users and businesses. It operates worldwide and plans to expand to Australia, Africa, Europe, and Asia. KOLO also offers an exchange, custody solution, and swift crypto processing for businesses.
