Fintech firm Aven Financial Inc. has officially launched the Aven Bitcoin Visa Card, a credit card that enables Bitcoin holders to access a revolving line of credit backed by their BTC—without liquidating the underlying asset. The card was introduced on April 27 at the Bitcoin 2026 conference in Las Vegas by Aven's head of crypto, Sisun Lee, targeting long-term holders who need liquidity but wish to avoid taxable events.
Key Terms: Low Rate, Long Tenure, No Hidden Fees
The card offers an APR starting from 7.99%, with no annual fee, no origination fee, and no early payment/withdrawal fees. Cardholders earn 2% unlimited cash back on purchases via the Visa network. Unlike most existing Bitcoin-backed loans (which typically carry APRs above 10% and maximum terms of 12 months), Aven introduces fixed-rate, fixed-term plans of up to 10 years for cash advances and balance transfers, with rates also starting at 7.99% APR. The total credit line can reach up to $1 million, determined by the amount of Bitcoin deposited as collateral.
Aven emphasizes that users never have to sell their Bitcoin, thus avoiding capital gains taxes. Borrowers retain full ownership while their BTC is held in custody.
Security and Issuance Structure
Collateralized Bitcoin is stored with Bitgo Inc. and its subsidiary Bitgo Bank & Trust, National Association—a digital asset trust bank regulated by the Office of the Comptroller of the Currency (OCC). The credit card itself is issued by Coastal Community Bank, where accounts are held and FDIC insurance applies (though the Bitcoin collateral is not FDIC-insured). Coastal Community Bank is not the custodian or issuer of Bitcoin; its role is limited to traditional card issuance.
Company Track Record and Advisory Board
Aven Financial claims to have facilitated over $3 billion in financing to clients, generated over $215 million in cumulative interest savings, and raised more than $400 million in equity. Its advisory board includes high-profile figures such as former Federal Reserve Governor and current Fed Chair nominee Kevin Warsh, former White House Deputy Chief of Staff Jim Messina, former House Financial Services Committee Chairman Patrick McHenry, former Freddie Mac CEO Michael DeVito, and former Fannie Mae CEO Timothy Mayopoulos.
Market Differentiation
Most crypto-backed lending platforms charge APRs of 10% or higher and limit loan terms to 12 months. By offering a Visa card with fixed-rate plans up to 10 years, zero annual fees, and 2% cash back, Aven aims to attract long-term Bitcoin holders who want flexible, low-cost credit. The product could also pressure traditional financial institutions to embrace digital asset-collateralized lending.