According to Huoxing Finance, on July 31, Itamar Lesuisse, co-founder of the self-custody wallet Ready, stated that Kulipa, the issuer of Paris-based crypto cards, abruptly ceased operations. Ready shut down its card services on Wednesday, and eligible card subscriptions will be automatically refunded. Since Ready operates on a self-custody model, user assets were unaffected; card transactions draw funds directly from users’ wallets, meaning Kulipa held no customer balances at the time of its shutdown. Ready is currently developing a successor product on new infrastructure. Previously, Solflare reported that its card issuer partner Kulipa had ceased operations due to solvency issues. (The Defiant)
Ready suspends card services as issuer Kulipa ceases operations.
MarsBitShare
Summary
On-chain news broke on July 31, 2026, when the self-custody wallet Ready suspended card services following Kulipa’s cessation of operations. Ready automatically refunded eligible card subscriptions. User assets remain secure due to the self-custody model. The company is developing a new product on updated infrastructure. Previously, Solflare also reported Kulipa’s shutdown due to solvency issues. New token listings continue to attract attention amid evolving payment solutions.
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