{"id":955291,"date":"2026-04-28T08:03:57","date_gmt":"2026-04-28T12:03:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aven-launches-bitcoin-backed-credit-card-built-on-bitgos-infrastructure\/"},"modified":"2026-04-28T08:03:57","modified_gmt":"2026-04-28T12:03:57","slug":"aven-launches-bitcoin-backed-credit-card-built-on-bitgos-infrastructure","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aven-launches-bitcoin-backed-credit-card-built-on-bitgos-infrastructure\/","title":{"rendered":"Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBitGo Inc., the digital asset infrastructure company, and BitGo Bank &amp; Trust, N.A., an OCC-regulated digital asset bank, (together &#8220;BitGo&#8221;) both subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO), today announced a partnership with Aven, a leading machine-banking platform and provider of asset-backed credit cards, to support the launch of the Aven Bitcoin Visa Card. The card enables eligible consumers to access a line of credit secured by bitcoin collateral. Under the partnership, BitGo serves as the infrastructure provider for the deposited bitcoin collateral and provides wallet and related operational infrastructure supporting the product.<\/p>\n<p>\nThe Aven Bitcoin Visa Card provides consumers with access to credit unlocked by the amount of their bitcoin holdings, without the need to sell their bitcoin. BitGo\u2019s technology infrastructure enables a per-borrower custody model in which each borrower\u2019s bitcoin collateral is held in a dedicated wallet, designed to support collateral segregation and operational controls for secure collateral management.<\/p>\n<p>\n\u201cAven is bringing a compelling use case to market by connecting bitcoin ownership with everyday access to credit,\u201d said Mike Belshe, CEO and Co-founder of BitGo. \u201cThis is the kind of real-world financial utility that can help drive broader adoption of digital assets. BitGo is proud to provide the custody and infrastructure that helps make products like this scale securely.\u201d<\/p>\n<p>\n\u201cMillions of people now hold bitcoin as a long-term investment. However, unlike a home, stock portfolio or savings account, it can be difficult to use bitcoin productively,\u201d said Sisun Lee, chief of crypto at Aven. \u201cThe Aven Bitcoin Visa Card provides long-term bitcoin holders another option, and BitGo\u2019s technology helps give bitcoin holders some peace of mind that our product is secure and compliant.\u201d<\/p>\n<p>\nThe launch underscores growing demand for financial products that extend the utility of digital assets beyond trading and long-term holding. By combining card-based credit access with bitcoin-backed collateral and institutional-grade digital asset custody, BitGo and Aven seek to advance the integration of digital-asset-enabled financial products within mainstream finance.<\/p>\n<p><b>About BitGo<\/b><\/p>\n<p>\nBitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank &amp; Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry&#8217;s top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bitgo.com&amp;esheet=54524060&amp;newsitemid=20260428021754&amp;lan=en-US&amp;anchor=www.bitgo.com&amp;index=1&amp;md5=213f42bc7e931576d1f4b62bddba6511\">www.bitgo.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nCertain statements in this press release constitute \u201cforward-looking statements\u201d within the meaning of the federal securities laws. Words such as \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201cpredict,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cintend\u201d or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company\u2019s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.<\/p>\n<p><b>About Aven<\/b><\/p>\n<p>\nAven\u2019s 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\u2019s 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.<\/p>\n<p>\nLearn more about the Aven Bitcoin Visa Card or apply at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Faven.com%2Fbitcoin&amp;esheet=54524060&amp;newsitemid=20260428021754&amp;lan=en-US&amp;anchor=aven.com%2Fbitcoin-visa-card&amp;index=2&amp;md5=7491679929b919776093d544a4bd9ea7\"><b>aven.com\/bitcoin-visa-card<\/b><\/a>.<\/p>\n<p>\nAven 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aven.com&amp;esheet=54524060&amp;newsitemid=20260428021754&amp;lan=en-US&amp;anchor=www.aven.com&amp;index=3&amp;md5=0ecedbd425babf90ab7faec5b03805e2\"><b>www.aven.com<\/b><\/a>.<\/p>\n<p>\nCoastal Community Bank is not the issuer or custodian of bitcoin. Bitcoin is not FDIC insured.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260428021754r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260428021754\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260428021754\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>BitGo: <a rel=\"nofollow\" href=\"mailto:press@bitgo.com\">press@bitgo.com<br \/>\n<\/a><br \/>Aven: <a rel=\"nofollow\" href=\"mailto:pr@aven.com\">pr@aven.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Banking Professional Services Digital Cash Management\/Digital Assets Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260428021754\/en\/2787053\/3\/Full_Logo_Light.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure NEW YORK&#8211;(BUSINESS WIRE)&#8211; BitGo Inc., the digital asset infrastructure company, and BitGo Bank &amp; Trust, N.A., an OCC-regulated digital asset bank, (together &#8220;BitGo&#8221;) both subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO), today announced a partnership with Aven, a leading machine-banking platform and provider of asset-backed credit cards, to support the launch of the Aven Bitcoin Visa Card. The card enables eligible consumers to access a line of credit secured by bitcoin collateral. Under the partnership, BitGo serves as the infrastructure provider for the deposited bitcoin collateral and provides wallet and related operational infrastructure supporting the product. The Aven Bitcoin Visa Card provides consumers with access to credit unlocked by the amount &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aven-launches-bitcoin-backed-credit-card-built-on-bitgos-infrastructure\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-955291","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aven-launches-bitcoin-backed-credit-card-built-on-bitgos-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Aven Launches Bitcoin-Backed Credit Card, Built on BitGo\u2019s Infrastructure NEW YORK&#8211;(BUSINESS WIRE)&#8211; BitGo Inc., the digital asset infrastructure company, and BitGo Bank &amp; Trust, N.A., an OCC-regulated digital asset bank, (together &#8220;BitGo&#8221;) both subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO), today announced a partnership with Aven, a leading machine-banking platform and provider of asset-backed credit cards, to support the launch of the Aven Bitcoin Visa Card. The card enables eligible consumers to access a line of credit secured by bitcoin collateral. Under the partnership, BitGo serves as the infrastructure provider for the deposited bitcoin collateral and provides wallet and related operational infrastructure supporting the product. 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(NYSE: BTGO), today announced a partnership with Aven, a leading machine-banking platform and provider of asset-backed credit cards, to support the launch of the Aven Bitcoin Visa Card. The card enables eligible consumers to access a line of credit secured by bitcoin collateral. Under the partnership, BitGo serves as the infrastructure provider for the deposited bitcoin collateral and provides wallet and related operational infrastructure supporting the product. 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