Sui, a Layer 1 blockchain and smart contract platform, has forged a partnership with financial platform xMoney and the crypto app xPortal to introduce a customized Sui wallet product along with a virtual Mastercard, aiming to serve millions of users throughout Europe.
This new comprehensive digital payment solution is now available and poised for global expansion, with plans for entry into the U.S. market “on the horizon,” according to a press release distributed to Finance Newso.
Sui is going full lifestyle chain
We’ve partnered with @xPortalApp + @xMoney_com to bring you:
A virtual Sui Mastercard, with Tap to Pay via Apple Wallet and Google Pay
A custom Sui wallet experience inside xPortal
Card issuance, fiat ramps, and compliance powered by… pic.twitter.com/SUFqqP94WX
— Sui (@SuiNetwork) April 24, 2025
With approximately 2.5 million users, xPortal has integrated the Sui wallet into its platform, while xMoney supplies the financial framework that facilitates “seamless spending and real-world utility,” as stated in the announcement.
The partnership has thus enabled the creation of a tailored Sui wallet experience inside xPortal in tandem with a branded virtual Mastercard. European users can add the card to their Apple Pay and Google Pay accounts starting immediately.
Additionally, the team is working towards launching a physical custom-branded Mastercard by the end of 2025.
Further enterprise-focused offerings powered by xMoney are also in the pipeline, with additional product launches scheduled for the Sui Basecamp event on May 1-2 of this year.
Sui Mastercard? @xPortalApp is making that happen AND bringing their 2.5M-user wallet to Sui!
In their app, you can:
→ Spend SUI with a Sui-branded virtual Mastercard
→ Custom wallet UI that reps your favorite chain
→ Built-in access to NFTs, dApps, staking, and more
→… pic.twitter.com/o1gY4QrTZc
— Sui (@SuiNetwork) April 24, 2025
Christian Thompson, Managing Director of the Sui Foundation, described the new product as a major step towards enhancing accessibility to the Sui ecosystem for everyday consumers. He emphasized that the user-friendly design and retail adoption of xPortal, combined with xMoney’s extensive licensing capabilities, enable a compliant and secure experience.
Thompson further noted that the collaboration showcases the potential of combining intuitive interfaces with robust infrastructure.
Compliant xMoney Experiences for Regulated Markets
The joint effort with xMoney and xPortal positions Sui as one of the select Layer 1 blockchains capable of facilitating frictionless real-world payments and financial services through a fully compliant platform.
Users can start making payments with SUI at over 20,000 merchants integrated into the xMoney payment solution immediately following the launch.
xMoney offers the necessary infrastructure, licensing, payment processing, and card issuing capabilities, thereby empowering stakeholders to create compliant financial products for regulated markets.
Thanks to @xMoney_com, Sui users will get even more financial infrastructure — like fiat rails and B2B tooling — enabling seamless spending and real-world utility.
→ Card + payment infra, fully EU compliant
→ Accept crypto payments at 20K+ merchants
→ Access fiat on- and… pic.twitter.com/MVD22B8o2V
— Sui (@SuiNetwork) April 24, 2025
Greg Siourounis, CEO of xMoney, stated, “Our mission at xMoney is to bridge the gap between traditional finance and the decentralized economy. Partnering with Sui enables us to equip builders and users with the compliance, infrastructure, and user experience necessary to make crypto payments as accessible as any banking application.”
Simultaneously, xPortal facilitates the purchase, spending, swapping, and staking of cryptocurrencies within a single interface that maintains the security and ownership benefits associated with self-custody. According to the announcement, this approach is expected to drive innovation in the digital economy and promote mainstream adoption.
Sergiu Biris, CEO of xPortal, remarked, “Integrating Sui into xPortal aligns seamlessly with our mission to make crypto accessible to everyone. This partnership allows our users to tap into Sui’s real-world utility all within one beautifully designed super-app.”
As of now, the SUI coin is trading at $3.03, with an increase of 2.6% in one day, 44% over the past week, 26% for the month, and a remarkable 127% year-on-year. Additionally, SUI reached an all-time high of $5.35 in January 2025 but has since declined by 43%.
The post Sui Reveals Virtual Mastercard with xMoney and xPortal, Announces Physical Card appeared first on Finance Newso.
