Fintertech Launches Bitcoin-Backed Yacht Loan Service

2025-10-20 12:01

Fintertech, a subsidiary of Mizuho Securities Group, has introduced a new loan service allowing users to secure funds for luxury transportation purchases using Bitcoin (BTC) or Ethereum (ETH) as collateral. The service, launched on October 1, is available through the 'NOT A GARAGE' platform, enabling clients to buy private jets or yachts without liquidating their crypto holdings. The loans feature an initial annual interest rate ranging from 0.0% to 3.0%, increasing to 3.2% to 6.0% from the second year, with a maximum loan amount of 500 million yen and a 40% collateral ratio.

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