Put your Bitcoin to use without selling

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Austin, Texas

When did you last use your Bitcoin?

Last Spend Time

This graph shows the fraction of existing Bitcoin colored by how long ago that Bitcoin was last spent (or moved).

Data from the Bitcoin blockchain as of 2017-06-27.


Bitcoin’s value has soared in the years since it was first traded on an exchange. This has created enormous wealth yet Bitcoin holders may face several problems before realizing the impact in their day-to-day lives:

  • Selling means losing any further upside. Bitcoin and cryptocurrencies have a lot of promise and it may be desirable to keep holding.
  • Selling may create a taxable event. Holders with a low cost-basis may be resistant to sell. Consult your tax specialist about your specific situation.
  • Exchanges are limited. Many exchanges enforce limits on fiat transfers and can be unreliable or backlogged.

60% of Bitcoin hasn't been spent in more than a year

So perhaps it is not surprising that most Bitcoin sits around. We treat Bitcoin more as a store-of-value than as a currency of exchange.

Higher transaction fees only encourage this assessment.

Bitcoin should be more useful

These unspent billions of dollars of Bitcoin don't have to remain idle. We believe there should be more ways for everyone to put their digital assets to use.

We are building products for long-term digital assets holders who want to put their coins to use, today.

Do you want to put your Bitcoin to use?


Unchained Capital offers cash loans to US individuals and businesses who can provide Bitcoin as collateral.

We offer $USD loans to individuals and organizations who post Bitcoin as collateral. Because we accept Bitcoin as collateral we can offer a competitive interest rate and enable our clients to realize liquidity without being forced to sell their holdings.

Our offering has several analogues in traditional finance, such as a Securities Backed Line of Credit (SBLOC) and a Home Equity Line of Credit (HELOC).

Today we only accept Bitcoin as collateral, but in the future we will support other digital assets.

Personal Loans

Do you hesitate to sell your bitcoin when you need some liquidity? Apply today for a personal loan that will let you keep your bitcoin!

  • Make a large purchase
  • Avoid unwanted tax events
  • Make an investment

Commercial Loans

If your firm holds bitcoin but needs working capital, we can help. Contact us to apply for a commercial loan.

  • Free up working capital
  • Expand your business
  • Purchase mining equipment
  • Rebalance your portfolio
Bird's eye city view

How It Works

Borrow up to $1,000,000 without a credit check.


  1. Use our website to complete an account and loan application in minutes. In most instances we can turn around a loan request in under a day.
  2. Use your existing wallet to send collateral to your new loan's escrow address.
  3. We will wire your disbursement to the bank account of your choosing.


  • Make monthly, interest-only payments.
  • If the value of your collateral drops by 25% we will request more collateral or a principal payment.
  • If the value of your collateral drops by 45% we have the right to repossess your collateral and sell it to recover principal and any outstanding interest.


  • Your final payment will include principal repayment. We will return your collateral to an address of your choosing.
  • Given sufficient collateral value, you may also renew your loan (with potentially new terms) and defer principal repayment.

Example Terms: Borrowing $10,000 for 2 years costs a total of $2,500 with $100 in monthly interest payments at an Annual Percentage Rate (APR) of 12.5% (including all fees). An additional principal repayment of the original $10,000 would also be due at maturity.

Available Terms


10-14% APR

Inclusive of all interest & fees.


3 - 24 months

Option to renew.

Loan-to-Value Ratio


Borrow $1 for every $2 you deposit as collateral.

Do you want to apply for a loan?


Wallet Security

We use unique per-customer, per-loan multi-signature P2SH addresses for all collateral held in escrow. We use hierarchical deterministic (HD) hardware wallets to store our private keys on hardware devices and we use well-tested, industry-standard open-source software to author and audit our transactions.

We do not operate a network-connected hot wallet of any kind for any purpose.

Network Security

We employ high-level security throughout our IT infrastructure in accordance with PCI-compliance standards.

We operate within a secure, private, firewalled network. All data is encrypted en route to/from and within our environment (at motion as well as at rest) using industry-standard AES-256 encryption. We require two-factor authentication (2FA) to access all sensitive resources.

Employees are uniquely identified within our environment by a centralized identity management infrastructure. All access to all systems is controlled by this infrastructure and limited and minimal. We aggressively monitor all traffic to/from and within our environment and keep access, system, and application logs (tied to user/system/employee identifiers) indefinitely.

Physical & Operational Security

We maintain an internal security policy and ensure that all personnel are trained to conform to it.

Our hardware wallets are in geographically-separated locations and must be simultaneously accessed to authorize spending. Wallet seeds are stored in physically secure locations separate from the wallets they restore.

Hexagonal lattice

About Us

Unchained Capital, Inc. is led by startup veterans who are building the next generation of financial products for long-term holders of digital assets. We believe successful financial institutions of the near future will connect the wealth and expertise of established financial markets to the new frontiers being opened up by Bitcoin and its successors.


Blockchains and cryptocurrencies are a whole new ecosystem that exists relatively divorced from traditional markets and spatio-temporal realities. Yet they are still controlled by people, whose trust is the most important piece to the whole process.

Meet our team

Compliance & Security

We engineer our operations and infrastructure to ensure your privacy and the safety of your assets.

We work closely with our counsel to ensure we are compliant with all necessary state & federal regulations.

Product Value

We want to build products that we’d be proud to sell to a family member and that encourage healthy long-term investor behavior.

Financial district of London

Our Team

We are a team of entrepreneurs, technologists, investors, data & cryptocurrency nerds.

Joe Kelly

Joe Kelly

Co-Founder & CEO
Dhruv Bansal

Dhruv Bansal

Co-Founder & CSO
Brandon Hudgeons

Brandon Hudgeons

Destry Saul

Destry Saul

Genesis Engineer
Nelson Morrow

Nelson Morrow

Data Engineer
Akhil Potla

Akhil Potla

Web Engineer

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