Multi-currency funding.
Funded from custody-held USDC, USDT, EURC, USD, EUR, GBP, or CAD balances. No separate top-up account.
The corporate card funded directly from your custody balance. Spend stablecoin and fiat reserves with named-authoriser controls, real-time FX at point of sale, and unified audit reporting. Currently in development for a Q3 2026 pilot launch under Alphaex's Bank of Lithuania regulatory base.
Use custody balances for everyday operations
A corporate card is a spend channel — nothing more. The funding source, the controls, the audit, and the reconciliation should all live where the rest of treasury already runs.
Funded from custody-held USDC, USDT, EURC, USD, EUR, GBP, or CAD balances. No separate top-up account.
Spend ceilings, MCC restrictions, named approvers, and corporate hierarchy that mirrors the org chart. Out-of-policy declines at swipe.
When the cardholder spends in a different currency, FX conversion happens in real time at a transparent margin disclosed up-front.
Card transactions appear in the same audit log as treasury operations. One reconciliation cycle, one export, one auditor view.
Choose your card
Both tiers run on the same custody backbone, the same policy engine, and the same audit trail. The Metal tier adds higher limits, premium spend categories, and dedicated relationship management.
Included with Alphaex Treasury Management
Executive tier · physical metal card
Spend control at the policy layer
A card swipe at a coffee shop and a transfer to a counterparty bank go through the same policy check — same named authorisers, same MCC restrictions, same ceilings, same audit log. There is no separate "card admin" portal disconnected from treasury operations.
Issued across the corporate group
Holding companies, operating subsidiaries, joint ventures — each gets its own card hierarchy with its own authorisers, its own ceilings, its own MCC profile. All consolidated into one treasury reporting view. Card spend rolls up alongside treasury movements without manual reconciliation.
Express interest now to be sequenced into the first cohort of institutional clients. Pilot participation is at Alphaex's discretion, subject to KYB review and existing onboarding under Custody or Treasury Management. General availability is targeted for Q1 2027 across EU, UK, and Canadian issuing corridors.
Talk to our teamFrequently Asked Questions
If you have a question that is not covered below, the institutional team is the right place to start.
No. Alphaex Card is a roadmap product. The pilot cohort opens in Q3 2026 with a limited group of onboarded institutional clients. General availability is targeted for Q1 2027.
Onboarded Custody and Treasury Management clients can express pilot interest during onboarding. Pilot participation is at Alphaex's discretion and subject to KYB review.
Alphaex Card will be issued by a regulated BIN sponsor partner under the Mastercard scheme. BIN sponsor selection is in negotiation across EU and Canadian jurisdictions, with UK issuing coverage targeted for Q4 2026 under the FCA framework.
Cards sit on top of Alphaex's Bank of Lithuania regulatory base — the same MiCA CASP application that supports Custody and Treasury Management.
Cards are funded directly from custody-held balances. At launch the pilot will support USDC, USDT, EURC stablecoin balances and USD, EUR, GBP, CAD fiat balances. Additional funding sources will follow as Alphaex's custody and corridor footprint expands.
Every card has a named authoriser, a per-transaction ceiling, a daily spend limit, and an MCC restriction profile. Out-of-policy attempts decline at the point of sale and are logged for review. Policy is configured during onboarding and changes are version-controlled and audit-logged.
Multi-entity groups can configure independent policy per entity within a single group hierarchy.
The Q3 2026 pilot launches across EU member states under MiCA passporting and in Canada under FINTRAC registration. UK issuing coverage is targeted for Q4 2026. General availability across EU, UK, and Canada is planned for Q1 2027.
Cards can be used at any merchant accepting Mastercard worldwide, subject to client policy.
When a cardholder spends in a currency different from the funding balance, FX conversion happens in real time at a transparent margin disclosed up-front. Treasury teams see the margin in the policy and at every transaction. There is no hidden interchange uplift on top of the disclosed margin.
The Metal tier receives a preferential FX margin.
Card transactions appear in the same audit log as treasury operations and are included in the same board pack export — same authoriser model, same reporting formats (PDF, CSV, ERP), same reconciliation cycle. There is no separate card statement to import.
Existing Custody or Treasury Management clients can express pilot interest during onboarding or by emailing the institutional team. Prospective clients should begin Custody or Treasury onboarding first; Card pilot eligibility is sequenced through that relationship.
Pilot participation is at Alphaex's discretion and subject to KYB review and active partner integration status.
Card Services Stack · Roadmap
Alphaex Card runs on the same regulatory base, custody architecture, and authoriser policy engine that Alphaex's institutional Treasury and Custody clients already use. The card is a new spend channel, not a new platform.
| Custody Backbone | Alphaex MPC + FIPS L3 | Active |
| MiCA CASP Application | Bank of Lithuania | Filed April 2026 |
| Card Scheme Partner | Mastercard scheme | Q2 2026 |
| BIN Sponsor | EU + Canada | In Negotiation |
| Pilot Launch | Selected institutional clients | Q3 2026 |
| UK Issuing Coverage | FCA framework | Q4 2026 |
| General Availability | All institutional clients | Q1 2027 |
Alphaex Card pilot launches in Q3 2026 with a limited cohort of institutional clients. Onboarded Custody and Treasury Management clients can express pilot interest during onboarding to be sequenced into the launch cohort.
Card Services is a roadmap product. Pilot participation at Alphaex's discretion. Subject to KYB review and BIN sponsor integration. Alphaex Digital Vault UAB · MiCA CASP Application Filed · Bank of Lithuania · April 2026.