Aven Unveils Bitcoin-Backed Visa Card with Up to $1M Credit Lines, No Asset Sales Required

Aven, a fintech company specializing in asset-backed lending, has introduced the Aven Bitcoin Visa Card, a groundbreaking credit card backed by bitcoin collateral. Unveiled at the Bitcoin Conference 2026 in Las Vegas, the card allows users to access credit lines of up to $1 million without selling their digital assets, addressing a critical need for liquidity among long-term bitcoin holders.

Key Features of the Aven Bitcoin Visa Card

The Aven Bitcoin Visa 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 Aven claims is below the industry average for bitcoin-backed lending.

Sisun Lee, Aven’s representative, highlighted the card’s extended terms during the conference:

“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.”

Additional benefits include:

• No annual or origination fees
• 2% cash back on all purchases
• Up to a 5-year interest-only period for added flexibility
• Custody and infrastructure provided by BitGo Inc. and BitGo Bank Trust, a federally regulated digital asset trust bank

How the Bitcoin-Backed Credit Card Works

To secure a credit line, borrowers pledge their bitcoin through BitGo’s custody and infrastructure. The card issuance is handled by Coastal Community Bank under a Visa network license, ensuring compliance with traditional financial regulations. This structure separates asset custody from card operations, enhancing security and transparency.

Aven emphasizes that the product bridges crypto holdings with traditional credit access, expanding the utility of bitcoin within household balance sheets.

“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,”

Market Impact and Industry Trends

Bitcoin-backed lending has grown alongside digital asset adoption but has faced scrutiny over risk management and collateral volatility. Aven’s fixed-rate, longer-term structures provide borrowers with more predictable repayment schedules compared to margin-style loans, which can face liquidation risks during price fluctuations.

Aven, founded in 2019, focuses on lowering borrowing costs through asset-backed lending. The company reports that its platform has saved customers more than $300 million in interest payments through March 2026.

The launch reflects the increasing convergence between crypto infrastructure and regulated financial services. Firms are integrating digital assets into mainstream credit markets while addressing risk, custody, and compliance challenges.