Aven Launches Bitcoin-Backed Credit Card

Aven (BTGO) launched the Aven Bitcoin Visa Card on April 27, 2026, a bitcoin‑backed credit card offering lines of credit up to $1,000,000 without selling bitcoin.

Rhea-AI Summary

Aven (BTGO) launched the Aven Bitcoin Visa Card on April 27, 2026, a bitcoin‑backed credit card offering lines of credit up to $1,000,000 without selling bitcoin.

The card features fixed‑rate, fixed‑term plans up to 10 years, rates starting at 7.99% APR, no annual or origination fees, and unlimited 2% cash back. Custody uses BitGo and card issuance is through Coastal Community Bank.

Positive

• Up to $1,000,000 credit line available without selling bitcoin
• Fixed‑rate, fixed‑term plans up to 10 years for cash‑outs and balance transfers
• Introductory rates start at 7.99% APR for plans and line of credit
• No annual or origination fees and unlimited 2% cash back on purchases
• Custody with BitGo and issuance by Coastal Community Bank

Negative

• None.

Argus Apr 28 session

-2.63% close to close Open Argus

Details

News Market Reaction – BTGO

In the Apr 28 session, BTGO declined 2.63%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement positions BitGo as the infrastructure and custody backbone for Aven’s bitcoin-back...

Analysis

This announcement positions BitGo as the infrastructure and custody backbone for Aven’s bitcoin-backed Visa card, extending its reach into consumer credit products while keeping assets in an OCC-regulated trust bank. It builds on recent crypto-tagged deals around stablecoins and B2B payments, where average moves were 3.41%. Investors may monitor how much volume this card drives to BitGo’s platform, how credit performance evolves, and how it complements the company’s broader digital asset and stablecoin strategies.

Key Figures

Pre-news price move: -4.38% 52-week range: $7.25–$24.50 Credit line limit: $1,000,000 +5 more

Pre-news price move

-4.38%

BTGO 24h change prior to Aven Bitcoin Visa Card launch article

52-week range

$7.25–$24.50

BTGO 52-week low and high before this news

Credit line limit

$1,000,000

Maximum bitcoin-backed credit line on Aven Bitcoin Visa Card

Loan term

Up to 10 years

Fixed-rate, fixed-term plans for cash-outs and balance transfers

Starting APR

7.99% APR

Rates for fixed-term plans and revolving line of credit

Cash back rate

2% cash back

Unlimited rewards on Aven Bitcoin Visa Card purchases

2025 revenue

$16.2 billion

Total 2025 revenue from BitGo 10-K

2025 net income

-$14.8 million

Full-year 2025 net loss from BitGo 8-K

Previous Crypto Reports

5 past events · Latest: Apr 22

Same Type 5 events

1. Apr 22

   Crypto partnership

   24h Move

   +6.6%

   Crypto-as-a-Service deal powering a multi-issuer stablecoin clearinghouse.

2. Apr 2

   Product launch

   24h Move

   +1.3%

   Launch of BitGo Mint stablecoin and digital asset minting platform for institutions.

3. Mar 10

   Crypto partnership

   24h Move

   +10.4%

   Partnership with Stable Sea to power B2B digital asset and stablecoin payments.

4. Mar 5

   Stablecoin mandate

   24h Move

   -0.4%

   Selected to provide infrastructure and distribution support for SoFiUSD stablecoin.

5. Feb 20

   Stablecoin issuer role

   24h Move

   -0.8%

   Named issuer and custodian for FYUSD stablecoin targeting Asian institutional markets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

apr, occ-regulated

2 terms

apr financial

"Rates for these plans and the line of credit each start at 7.99% APR."

Annual Percentage Rate (APR) is the yearly cost of borrowing money expressed as a percentage, combining interest and most fees into a single rate so borrowers can compare loans like comparing price tags. For investors, APR matters because it affects how much companies pay to raise capital, influences consumer demand for credit, and helps compare returns or costs across loans, bonds, and financial products — all of which can change profits and valuations.

occ-regulated regulatory

"BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank."

An OCC-regulated firm is one overseen by the U.S. Office of the Comptroller of the Currency, the federal agency that supervises national banks and federal savings associations. For investors this matters because OCC oversight means the institution must follow federal rules on safety, capital and consumer protections—like having a certified safety inspector—reducing regulatory and operational risk that can affect a bank’s stability and stock or bond value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Aven Bitcoin Visa Card offers fixed-rate loans of up to 10 years and unlimited cash back

LAS VEGAS, April 27, 2026 /PRNewswire/ -- Aven, a leading machine-banking platform and provider of asset-backed credit cards, today launched the Aven Bitcoin Visa Card, a bitcoin-backed line of credit accessible through a credit card. The card provides consumers with a credit line of up to $1 million without the sale of bitcoin that may trigger a taxable event.

"Bitcoin is becoming a bigger part of people's lives and net worth, but using bitcoin productively remains challenging," said Sisun Lee, Aven's chief of crypto, who announced the launch at the Bitcoin Conference 2026 in Las Vegas. "We built the Aven Bitcoin Visa Card to give bitcoin holders the opportunity to borrow against their bitcoin and access their line of credit through a credit card with lower rates, better terms and rich rewards."

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. By comparison, current bitcoin-backed loans generally have APRs of 10% or more and loan terms of up to 12 months, according to an April 2026 analysis of leading bitcoin-backed loan providers by Aven.

Built for long-term holders, borrowers deposit bitcoin as collateral for the Aven Bitcoin Visa Card with Aven's infrastructure provider, BitGo Inc., and custodian, BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank. The entities, together referred to as BitGo, are subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO). The Aven Bitcoin Visa Card is issued by Coastal Community Bank, a Washington state-chartered bank. The card has no annual or origination fees and offers unlimited 2% cash back on purchases.

Learn more about the Aven Bitcoin Visa Card or apply at aven.com/bitcoin-visa-card.

About Aven
Aven's mission is to cut the cost of capital for consumers by helping them unlock the value of their existing assets. The company is building America's first machine-banking platform to help cut interest rates by up to 50%. Founded in 2019, Aven has helped Americans build wealth by saving them more than $300 million in interest payments as of March 2026.

Aven Visa credit cards are issued by Coastal Community Bank pursuant to a license from Visa U.S.A. Inc. Aven (NMLS #2042345) accounts are held by Coastal Community Bank, Member FDIC. Equal Housing Lender. NMLS #462289. Learn more at www.aven.com.

Coastal Community Bank is not the issuer or custodian of bitcoin. Bitcoin is not FDIC insured.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aven-launches-bitcoin-backed-credit-card-302754695.html

SOURCE Aven Financial, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the Aven Bitcoin Visa Card (BTGO) credit limit and how is collateralized?

The card offers a credit line up to $1,000,000 secured by deposited bitcoin. According to the company, borrowers deposit bitcoin with BitGo and BitGo Bank & Trust as collateral to access the line without selling crypto.

What rates and loan terms does the Aven Bitcoin Visa Card (BTGO) offer?

Rates for the card and fixed‑term plans start at 7.99% APR. According to the company, fixed‑rate, fixed‑term plans are available up to 10 years for cash‑outs and balance transfers.

Are there fees or rewards on the Aven Bitcoin Visa Card (BTGO)?

The card has no annual or origination fees and provides unlimited 2% cash back on purchases. According to the company, these terms apply to cardholders using the bitcoin‑backed line of credit.

Who custodies the bitcoin collateral for the Aven Bitcoin Visa Card (BTGO)?

Bitcoin collateral is held with BitGo and BitGo Bank & Trust, an OCC‑regulated digital asset trust bank. According to the company, BitGo serves as infrastructure provider and custodian for deposited bitcoin.

How does Aven compare its card rates to existing bitcoin loans for BTGO investors?

Aven says its plans start at 7.99% APR versus generally 10% or more and short terms up to 12 months for typical bitcoin‑backed loans. According to the company, this offering targets longer‑term borrowers.