Bitcoin rewards platform Lolli has partnered with independent commerce media network Kard to offer card-linked bitcoin cashback rewards to its user base of more than 600,000 accounts.
In a statement shared with The Block on Tuesday, Lolli said users who link eligible debit or credit cards can now earn bitcoin automatically on qualifying purchases across Kard's network, which includes Dropbox, Hydro Flask, and Stanley 1913, among dozens of other merchants.
The move marks Lolli's biggest product upgrade since it was acquired last July by the bitcoin-focused venture studio Thesis — stylized with an asterisk as Thesis*. It opens access to thousands of additional merchant offers without the friction of activating each one individually, the firm said, turning routine spending into a "passive bitcoin accumulation engine."
"Most people don't want to think about earning bitcoin. They want to live their lives and have it happen," Thesis co-founder Matt Luongo said. "Kard lets us deliver that. Our users link a card once, and bitcoin shows up in their wallet from spending they were already going to do."
A bitcoin circular economy
