Visa has chosen First Boulevard, a neobank with a focus on financially empowering the Black American community, as a partner for its new crypto API program anticipated to launch later this year.

First Boulevard will be the first to pilot Visa’s suite of crypto APIs which will allow the neobank’s customers to purchase, hold, and trade digital assets held by Anchorage, a federally chartered digital asset bank.

For Visa, this marks an important step in expanding the...