Aven has introduced a bitcoin-backed credit card that allows users to borrow against digital assets without selling holdings, marking a shift in crypto-linked consumer finance, according to statements shared with Bitcoin Magazine.
The Aven Bitcoin Visa Card, unveiled today at the Bitcoin Conference 2026 in Las Vegas, provides a credit line of up to $1 million secured by bitcoin collateral. The product targets long-term holders seeking liquidity without triggering taxable events tied to asset sales.
The card combines a revolving credit line with fixed-term loan options, offering repayment periods of up to 10 years. Interest rates for both structures start at 7.99% APR, which the company said is below typical rates in the bitcoin-backed lending market.
“The industry norm for borrowing at fixed rates against bitcoin is a 1-year term. At Aven, we have 10X the industry standard, unlocking a wide variety of use cases previously not feasible,” Aven’s Sisun Lee said, speaking at The Bitcoin Conference.
Aven’s bitcoin custody structure
Borrowers pledge bitcoin through custody and infrastructure provided by BitGo Inc. and BitGo Bank & Trust, a federally regulated digital asset trust bank. The structure separates asset custody from card issuance, which is handled by Coastal Community Bank under a Visa network license.
The product includes no annual or origination fees and offers 2% cash back on purchases. Aven positions the card as a tool that bridges crypto holdings with traditional credit access, aiming to expand the utility of bitcoin within household balance sheets.
The card also offers up to a 5-year interest-only period for added flexibility. The company is one of the few Bitcoin-backed loan providers offering both fixed-term and interest-only plans in the same product.
“At Aven we believe that the hardest money ever created deserves the best financial products. With the Aven Bitcoin Card, we’re just getting started,” Lee said.
Bitcoin-backed lending has grown with the rise in digital asset adoption, though it has faced scrutiny over risk management and collateral volatility. Fixed-rate, longer-term structures such as Aven’s may appeal to borrowers seeking more predictable repayment schedules compared with margin-style loans that can face liquidation risk during price swings.
Aven, founded in 2019, focuses on asset-backed lending products designed to lower borrowing costs. The company reports that its platform has saved customers more than $300 million in interest payments through March 2026.
The launch signals continued convergence between crypto infrastructure and regulated financial services, as firms seek to integrate digital assets into mainstream credit markets while addressing risk, custody, and compliance requirements.
