MILAN, April 2, 2025 /PRNewswire/ — Wirex Private, a distinguished platform catering to high-net-worth individuals, has unveiled its new offering of crypto-backed loans, enabling clients to secure loans of up to $10 million as part of its growing array of premium services. This initiative aims to provide affluent clients with enhanced financial flexibility, allowing them to access liquidity without the need to liquidate their digital assets. Clients can utilize a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP, to create customized loan solutions.
Wirex Private Launches $10 Million Crypto-Backed Loans for Enhanced Wealth Management
The newly introduced service aims to assist clients in refining their wealth management strategies through various features: Custom Loan Terms are designed to meet individual financial objectives; Tailored Credit & Liquidity Solutions facilitate responsible access to capital for strategic management; Flexible Repayment Options eliminate early repayment penalties, thus maximizing financial autonomy; and Strategic Liquidity Access enables clients to utilize their crypto assets without divesting their holdings.
Pavel Matveev, Co-Founder of Wirex Private, stated, “Our goal is to enhance the practicality of digital assets for everyday financial use. This loan service represents a natural progression in allowing investors to leverage their crypto assets—be it BTC, ETH, or stablecoins—while retaining ownership.” Wirex adheres to stringent financial regulations across various jurisdictions, ensuring top compliance and security standards. Unlike services that focus on short-term gains, this loan offering is tailored for long-term financial planning and prudent asset management.
Ronald Loh, Head of Wirex Private, further emphasized, “Our clients seek flexible funding solutions that do not necessitate selling their cryptocurrencies. These crypto-backed loans provide the liquidity required while safeguarding their long-term investments, whether in Bitcoin, Ethereum, or other significant digital currencies.” High-net-worth clients can expect priority service, streamlined compliance, and bespoke financial solutions. As Wirex broadens its premium offerings, these crypto-backed loans solidify its status as a frontrunner in the digital asset finance sector.
Wirex’s commitment to innovation has earned it over 20 industry awards, including accolades for Best Digital Banking Platform at the Fintech Breakthrough Awards 2025 and Best Use of Digital Currencies in Financial Services at the Pay 360 Awards 2024. In line with its mission to enhance the Wirex Private program and deliver additional value to its members, Wirex has recently launched Wirex Travel. This exclusive travel booking service caters to high-net-worth clients by providing luxurious holiday experiences at remarkable discounts, including up to 65% off hotel rates and up to 8% cashback, making premium travel more rewarding than ever.
Whether seeking a tranquil retreat or an exciting adventure, Wirex Private members can now take advantage of unparalleled travel benefits tailored to their preferences.
About Wirex
Wirex is a leading UK-based digital payments platform boasting over 6 million users across 130 countries. It provides secure accounts that facilitate the storage, purchase, and exchange of various currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex transcends traditional financial services by embracing the advancements of Web3, offering mainstream access to digital finance and wealth management. With a total transaction volume exceeding $20 billion, Wirex is committed to promoting the adoption of a cashless society by enabling straightforward transactions in multiple currencies globally. Wirex is dedicated to simplifying digital payments, making them more accessible and convenient for individuals worldwide.