Unchained

Est. 2016·

🇺🇸

United States·₿ Bitcoin-only

Visit Unchained →

ExchangeCustodianLenderInheritance

Last verified Oct 23, 2026

Founded

2016

src: Unchained — About

Company Type

Private

src: 21Rates

Max LTV

50%

src: Unchained — Loans · as of Oct 8, 2026

Min Loan

$150K

src: Unchained — Pricing · as of Oct 8, 2026

Annual Fee

$250/yr

src: Unchained — Pricing · as of Oct 22, 2026

News & coverage

Overview Services Reviews Media1

About Unchained

Unchained is a bitcoin-native financial services company founded by Joe Kelly and Dhruv Bansal. It offers collaborative custody, bitcoin-backed loans, trading, Bitcoin IRAs, business vaults, and inheritance planning for long-term holders who want to keep control of their keys while accessing credit and treasury services.

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Key Facts

Verified data

Founded

Year the company was founded

src: Unchained — About · as of Oct 8, 2026

Interest Rate

Annual interest rate range (e.g. "9%–14%")

src: Unchained — Pricing · as of Oct 8, 2026

Max LTV

Maximum loan-to-value ratio

src: Unchained — Loans · as of Oct 8, 2026

Min Loan

Minimum loan amount in USD

src: Unchained — Pricing · as of Oct 8, 2026

Annual Fee

Annual card fee in USD

src: Unchained — Pricing · as of Oct 22, 2026

Custody Model

Custodial or Non-custodial lending model (custodial | non-custodial)

Collaborative multisig

src: Unchained — Loans · as of Oct 8, 2026

Regulatory License

Regulatory license or charter held by the company (e.g. NYDFS Trust Charter, BitLicense)

NMLS 1900773; NMLS 2273761; NMLS 2656661; NMLS 2423070; Wyoming trust charter (Gannett Trust)

src: Unchained — Licenses and Regulatory Information · as of Oct 8, 2026

Trading Fee

Spot trading fee (maker/taker)

src: Unchained — Pricing · as of Oct 22, 2026

Is Unchained safe?

Regulatory License: NMLS 1900773; NMLS 2273761; NMLS 2656661; NMLS 2423070; Wyoming trust charter (Gannett Trust) · As of Oct 8, 2026 Source

Leadership

Joe Kelly

Co-Founder, CEO

Dhruv Bansal

Co-Founder, CSO

Fees & rates

Lending

Visit Compare Lending →

As of Oct 12, 2026 · Source

Bitcoin-native financial services company offering collaborative custody loans. Borrow against Bitcoin held in multisig vaults where you retain key control. Features transparent terms and no rehypothecation of collateral.

Rate12% interest

Loan Range$150,000 – $1,000,000

Term Range12 – 12 months

Custody

Visit Compare Custody →

As of Apr 30, 2026 · Source

Bitcoin-only collaborative custody with multisig vaults. IRA accounts, lending, and inheritance planning.

Mobile App

InsuranceCollaborative model — no single custodian risk

Exchange

Visit Compare Exchange →

As of May 28, 2026 · Source

A Bitcoin-native financial services company specializing in collaborative multisig custody and Bitcoin-backed loans. Unchained offers a unique key-sharing model where users hold 2 of 3 keys, providing true self-sovereign custody with professional support. Also offers IRA and inheritance services.

Maker Fees1.00% - 1.50%

Taker Fees1.00% - 1.50%

KYC RequiredYes

Mobile AppYes

SecurityCollaborative multisig (2-of-3), user holds majority keys, no single point of failure, vault with timelocks

Inheritance

Visit Compare Inheritance →

As of May 22, 2026 · Source

Collaborative custody provider with a dedicated inheritance protocol. Uses 2-of-3 multisig where you hold two keys and Unchained holds one. Inheritance plan designates a beneficiary who receives guided key recovery.

PricingPersonal Vault: $250/year (first year free with certain conditions like IRA). Signature: $1,600/quarter (billed annually, prepaid). Business Vault: $2,000/year (billed annually). Trading: Minimum $2,000 trade size; fees not specified in detail. Loans: Interest-only payments; rates vary (e.g., estimates as of 6/13/2024).

Latest Media

Unchained Capital's Bitcoin Offering | Joe Kelly | Texas Block-Cast

Unchained Capital's Bitcoin Offering | Joe Kelly | Texas Block-Cast

Recent Reviews

No reviews yet.

Company Details

Websiteunchained.com ↗

LinkedInView profile ↗

Year formed2016

HQ countryUnited States

Founded inAustin, TX

Bitcoin onlyYes

Min loan$150,000

Max LTV50%

Rate12% interest

Data Provenance

✓Facts verified by 21Rates research · Oct 23, 2026

✓2 sources cited on this page

21rates.com/companies/885/unchained-capital · structured data: Organization · Person ×2 · VideoObject ×1

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