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Web3 Startup Starlight Launched Corporate Cards for Crypto Firms

Starlight, a Brevan Howard-backed web3 payments startup, has launched corporate cards that aim to simplify expense payments for crypto businesses. 

The cards allow both fiat and crypto payments that can be tracked via a treasury dashboard on the platform; those payments then are loaded through a crypto wallet available through Starlight, or a checking account. Funds held in the fiat account are FDIC insured, according to the startup. Cards have adjustable limits for currencies such as bitcoin, USDC, ether or fiat. 

"These cards mean that if you're a DAO or a crypto business, you can spend with crypto in the real world," said founder and CEO Grey Nguyen in an interview. "That could be on your Amazon Web Services purchases or your travel tickets." 

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