Fintech firm Kima and Mastercard's FinSec Innovation Lab have teamed up to bridge the gap between decentralized finance (DeFi) and traditional financial services. The project, supported by the Israel Innovation Authority, aims to create a 'DeFi credit card'. Kima, a peer-to-peer money transfer protocol, plans to expand its existing protocol and launch a mainnet and token in Q2 2024. The project will focus on helping users overcome technical and regulatory barriers to DeFi adoption. Kima has announced six integrations and 18 new partnerships in 2024, including ventures in Vietnam and Thailand.