On April 23, Fantom founder Andre Cronje revealed that he is working on a crypto payment infrastructure project and has launched a closed beta version of the product, and plans to open its crypto-friendly bank to the public later this year. In response to a Twitter user complaining that the digital bank Revolut is not crypto-friendly, Fantom founder Andre Cronje replied: "Do you need a card, or just payment infrastructure? If it's payment infrastructure, I can add you to our closed beta. If it's a card, it will be available by the end of 2023, and the crypto-friendly bank will be open to the public this year." Cronje also added that given the US position, these products may not be open to US citizens and KYC cannot be avoided.