Aven Financial Inc. announced the launch of the Aven Bitcoin Visa Card on April 27 at Bitcoin Conference 2026 in Las Vegas. The card enables bitcoin holders to access a credit line of up to $1 million backed by their BTC without selling, while earning cash back and choosing fixed-rate borrowing options.
Sisun Lee, Aven's chief of crypto, introduced the product. The company said the card targets bitcoin holders who want credit without triggering a taxable sale. Borrowers use a Visa card with interest rates starting at 7.99% APR. There is no annual fee, no origination fee, and unlimited 2% cash back on purchases. Aven 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.”
Bitgo Holds Collateral, Coastal Community Bank Issues Card
Borrowers deposit bitcoin through Bitgo Inc. and Bitgo Bank & Trust, an OCC-regulated digital asset trust bank. Both are subsidiaries of Bitgo Holdings Inc. Aven's analysis from April 2026 compared its card to other bitcoin-backed loans: leading providers typically charge APRs of 10% or higher with terms up to 12 months. Aven’s card offers fixed-rate plans up to 10 years, differentiating on rate, term length, and card access.
The broader platform aims to lower borrowing costs by letting users tap existing assets. Aven reports over $3 billion funded to customers, more than $215 million in cumulative interest savings, and over $400 million in equity raised. Its advisory board includes 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 chair Patrick McHenry, and former Freddie Mac CEO Michael DeVito, among others.
The Aven Bitcoin Visa Card is issued by Coastal Community Bank, where accounts are FDIC-insured. The bank is not the issuer or custodian of bitcoin, and bitcoin is not FDIC insured. The launch adds a BTC-backed credit option centered on collateral, longer repayment terms, and card-based access.