CompoSecure Holdings, L.L.C.a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced that it will manufacture a new crypto rewards credit card for Gemini. Gemini is a crypto platform, working with Mastercard and WebBank, the issuer and lender, on this innovative rewards credit card that will allow cardholders to earn up to 3% back on purchases in bitcoin or the more than 40 cryptocurrencies available on Gemini.

The Gemini crypto rewards credit card demonstrates how the blockchain and cryptocurrency market category is being supported by banks with innovative financial products. In fact, Bank of America recently reported that 21% of banks have incorporated some form of blockchain technology into their businesses. According to the report, some of the world’s largest banks have already begun deploying services to support blockchain or cryptocurrency, including: JPMorgan, Citibank, Wells Fargo, US Bank and Signature Bank.

“This is an important moment for CompoSecure and the industry concerning the intersection between payments and cryptocurrency,” said Jon Wilk, President and CEO of CompoSecure, which recently announced it had signed a merger agreement with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a special purpose acquisition company. “Gemini’s strong value proposition combined with our premium payment cards can quickly deliver an innovative approach toward rewards that will drive the cryptocurrency market forward.”

The Gemini Credit Card offering includes a metal credit card with features such as crypto rewards on purchases, instant rewards1, no annual fee, a security-first design and instant access to a virtual card after approval. Crypto rewards will automatically be deposited into the cardholder’s Gemini account.

The Gemini Credit Card is expected to launch in all 50 U.S. states this summer and can be used wherever Mastercard is accepted. Consumers will have the choice of black, silver or rose gold. Currently, more than 300,000 customers have signed up on Gemini’s waitlist. For Gemini users or others interested in signing up to the waitlist, please visit: gemini.com/credit-card/waitlist.

The Gemini cards utilize CompoSecure’s metal dual-interface construction that enables contactless purchases. To speed up production and reduce time to market, Gemini selected CompoSecure for its innovative technology, creative design and manufacturing capabilities. For more information on metal payment card design and manufacturing, visit www.composecure.com.

On April 19, 2021, CompoSecure announced that it had signed a merger agreement with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR), a special purpose acquisition company. Upon closing of the proposed merger, the combined company will operate as CompoSecure, Inc. and plans to trade on the Nasdaq stock market. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.2 billion. The transaction is expected to close in the third quarter of 2021 and remains subject to approval by Roman DBDR stockholders and other customary closing conditions.

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