Key Takeaways

  • BitGo Bank & Trust, N.A. (an OCC-regulated digital asset trust bank) and BitGo, Inc. (the digital asset infrastructure company (together "BitGo"), provides the custody and institutional infrastructure controls powering the Aven Bitcoin Visa Card. 

  • The Aven Bitcoin Visa Card offers a bitcoin-backed credit line, without the sale of bitcoin.

Putting Bitcoin to Work, Without Selling It

Bitcoin holders have long faced a tension: their assets are growing in value, but accessing liquidity means selling and potentially triggering a taxable event. Aven is working to solve that problem with the Aven Bitcoin Visa Card, a new bitcoin-backed line of credit accessible through a credit card. And BitGo is the infrastructure making it possible.

Eligible bitcoin holders can now put their assets to work through a bitcoin-secured line of credit, without needing to sell. To learn more, visit Aven's website.

The Infrastructure Behind Aven’s Bitcoin Visa Card 

BitGo provides the operational infrastructure of Aven’s Bitcoin Visa Card, from qualified custody to the institutional controls that keep the product regulatory compliant and collateral secure at scale. This allows Aven to focus on the product while BitGo handles the complexity of secure digital asset management and compliance behind the scenes.

Regulated Infrastructure for a New Asset Class

As regulated institutions increasingly build bitcoin-native financial products, the quality of the underlying infrastructure matters. BitGo's battle-tested technology and standing as an OCC-regulated digital asset trust bank gives borrowers confidence their collateral is managed with institutional standards, while giving Aven a compliant, scalable foundation to securely grow the product.

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.

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About BitGo

BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide.