Fintertech, a subsidiary of the Daiwa Securities Group, has introduced a new loan service that allows customers to use digital assets as collateral for high-end purchases. The program is designed for buyers of the “NOT A GARAGE” shared luxury transportation service, enabling them to secure financing for private jets or yachts.

This initiative allows holders of Bitcoin (BTC) or Ethereum (ETH) to access funds without needing to sell their crypto holdings. The service marks a significant step in bridging digital asset ownership with tangible, high-value consumer goods.

Loan Program Details

The loan terms offer a maximum financing amount of 500 million yen with a required collateral ratio of 40%. For the first year, the annual interest rate ranges from 0% to 3%. From the second year onward, the rate adjusts to between 3.2% and 6%.

To broaden the service’s reach, Daiwa Securities began introducing the loan program at its branches nationwide starting on October 1. This move aims to expand the practical applications for crypto assets within the luxury consumer sector.