COCA rolled out version 3.0 of its self-custodial crypto wallet this week, adding a full banking layer that includes a EUR IBAN account for SEPA transfers, a Visa debit card, and yield-bearing USD balances. The product also introduces a tiered cashback program that reaches up to 8% for users who stake the platform's $COCA token.
What COCA 3.0 includes
The wallet now functions as a hybrid — users keep custody of their crypto but get a traditional bank account number for euro transfers. The debit card works for spending across 350+ tokens on 12 blockchains with zero fees. USD balances earn 5% APY, powered by the Morpho lending protocol, with risk management handled by Gauntlet. The yield accrues continuously with no minimum balance or lock-up period. COCA also bundles a travel booking service that claims hotel discounts up to 65%.
Cashback tied to staking
The cashback program has four tiers, all linked to how many $COCA tokens a user stakes. On the Starter tier, every purchase earns 1% cashback with no cap. Standard gives 3% on up to $1,000 a month, then 1% after that. Premium raises the high-rate cap to $2,500 a month at 5% cashback. Elite offers 8% on the first $10,000 spent each month, then 1%. All tiers get 50% cashback on select subscription services, capped at $70 per service per month.
How the product has grown
By the end of 2025, COCA had crossed 1 million users globally. The company says it reached a $3.2 million annual recurring revenue run rate in under 12 months. Card payment volume grew 248% quarter over quarter, and monthly active users jumped 694% since mid-2025. The wallet holds a 4.9-star rating on both iOS and Android app stores. It also won Best Software Wallet at the BeInCrypto 100 Awards in 2025.
COCA says upcoming features include USD accounts with ACH support and card-to-card transfers. No release date has been set yet.
