Key Takeaways:
- Aven Bitcoin Visa Card offers BTC-backed credit lines up to $1 million without selling bitcoin.
- Aven card rates start at 7.99% APR, with no annual or origination fees.
- Bitcoin collateral sits with Bitgo, while Coastal Community Bank issues the Visa credit card.
Aven Bitcoin Visa Card Expands BTC-Backed Credit Access
Aven Financial Inc., a financial technology platform that offers asset-backed credit cards, announced the launch of the Aven Bitcoin Visa Card on April 27. The card gives bitcoin holders access to a BTC-backed credit line of up to $1 million without selling their holdings, while adding cash back and fixed-rate borrowing options.
The card was announced at Bitcoin Conference 2026 in Las Vegas by Sisun Lee, Aven’s chief of crypto. Aven said the product is designed for people who hold bitcoin but want access to credit without triggering a possible taxable sale. Cardholders can borrow through a Visa card, with rates starting at 7.99% APR. The card also has no annual fee, no origination fee, and unlimited 2% cash back on purchases. The company detailed:
“In a first for bitcoin lending, the Aven Bitcoin Visa Card also offers fixed-rate, fixed-term plans of up to 10 years for cash-outs and balance transfers on the line of credit. Rates for these plans and the line of credit each start at 7.99% APR.”
Aven said the credit line can reach $1 million, giving long-term bitcoin holders a way to use their assets without liquidation.
Bitgo Collateral and Coastal Community Bank Shape Borrowing Structure
Borrowers deposit bitcoin as collateral through Bitgo Inc. and Bitgo Bank & Trust, National Association, according to Aven. The company noted that Bitgo Bank & Trust is an Office of the Comptroller of the Currency (OCC)-regulated digital asset trust bank. Both Bitgo entities are subsidiaries of Bitgo Holdings Inc. Aven compared its card with other bitcoin-backed lending products in an April 2026 analysis. The company said leading providers generally offer APRs of 10% or higher and loan terms of up to 12 months. By contrast, Aven’s card includes fixed-rate, fixed-term plans of up to 10 years for cash-outs and balance transfers. That structure puts rate, term length, and card access at the center of the product.
The broader platform is built to lower borrowing costs by helping users access value from existing assets. The company reports more than $3 billion funded to customers, more than $215 million in cumulative interest savings, and over $400 million in equity raised. Its advisory board includes Kevin Warsh, a former Federal Reserve governor and current Fed chair nominee; Jim Messina, a former White House deputy chief of staff; and Patrick McHenry, former chairman of the U.S. House Financial Services Committee. Other advisors include Michael DeVito, former CEO of Freddie Mac, and Timothy Mayopoulos, former CEO of Fannie Mae and Silicon Valley Bridge Bank.
The Aven Bitcoin Visa Card is issued by Coastal Community Bank, where accounts are held and FDIC membership applies. The company also said Coastal Community Bank is not the issuer or custodian of bitcoin, and bitcoin is not FDIC insured. The launch adds a BTC-backed credit option built around collateral, longer repayment terms and card-based access.
