CEO and co-founder of Crypto.com, Kris Marszalek, recently chatted with CNN Money about his company’s new cryptocurrency MCO Visa card.

Crypto.com, formerly Monaco, is a Hong Kong company which has created a card that can be used to spend cryptocurrency at any location where Visa is accepted. It is utilized by downloading a wallet app that holds your standard fiat currency alongside cryptocurrency.

Marszalek refers to one of the most important aspects of the card by noting that “if you are a holder of cryptocurrency, it allows you instant access to your money, 24/7.” Holding the MCO Visa card in his hand, he went on to point out that he just used it to buy two coffees.

According to Marszalek, their “mission at Crypto.com is to accelerate the world’s transition to cryptocurrency”, further explaining that “you don’t have to look for merchants who accept Bitcoin. You can use our card anywhere Visa is accepted.”

The Crypto.com app holds cryptocurrencies and fiat currencies, allowing the user to move from fiat to crypto and vice versa. They currently have about 85,000 customers who have downloaded the app and reserved their cards.

The beginning of launch for the metal MCO Visa card is planned for late Summer, beginning with Singapore and Europe. The U.S. launch is likely to fall some time in quarter four.

NOTE: Crypto.com was recently purchased by Monaco. It was purchased from Matt Blaze, who had owned it since 1993. Blaze is a computer science professor at the University of Pennsylvania. While specifics have not been shared, it is believe that the domain may have fetched as much as $10 million.