Holyheld

Holyheld is a non-custodial Mastercard debit card that enables crypto users to spend their digital assets while maintaining full control in their own wallets. Launched in 2023 and headquartered in Vilnius, Lithuania, Holyheld targets crypto natives who trade on DEXs, contribute to DAOs, collect NFTs, or receive payments in cryptocurrency. The platform supports over 1,200 cryptocurrencies across 20+ blockchain networks and has processed more than $100 million in transaction volume.

Unlike custodial crypto cards that require depositing funds with a third party, Holyheld allows users to keep crypto in their self-custody wallet until the moment of conversion. The card integrates with Apple Pay and Google Pay, offers a personal IBAN for SEPA transfers, and provides up to 1% cashback paid in USDC.

Company Overview

Holyheld was founded in 2022 by Anton Mozgovoy (CEO) and Anton Zagorodnikov (CTO). The company operates from offices in Vilnius, Lithuania and Zug, Switzerland. UAB Holyheld Financial is authorized by Lithuania's Financial Crime Investigation Service (FNTT) as a Virtual Asset Service Provider.

Card services are provided through Unlimit, an Electronic Money Institution licensed and regulated by the Central Bank of Cyprus (license #115.1.3.7). The company has raised seed funding from notable investors including Toyota Ventures, Polygon, Zee Prime Capital, Tomahawk VC, Kosmos Ventures, and Moonlanding Ventures.

Holyheld's proprietary BRRR (Blockchain Reconciliation and Remittance Record) protocol connects public blockchain networks with traditional payment rails, enabling real-time crypto-to-fiat conversion.

Products & Services

Non-Custodial Mastercard

Holyheld offers a Mastercard debit card linked directly to users' self-custody wallets. Assets remain under user control until conversion, eliminating the security risks of depositing crypto with third parties.

Card Tiers:

Card Type	Price	Cashback
Classic Virtual	€29	0.5% in USDC
Limited Edition Virtual	€99	0.5% in USDC
Metal Physical	€199	1% in USDC

Key Features:

• Virtual card available immediately after KYC
• Physical metal card option
• Apple Pay and Google Pay support
• Spend anywhere Mastercard is accepted
• Zero gas fees for top-ups (subsidized by Holyheld)
• On-chain transaction protection up to $50,000

Personal IBAN

Holyheld provides a personal Euro IBAN for seamless integration with traditional banking:

• Receive salary payments and third-party deposits
• Send SEPA transfers to friends and family
• Convert between crypto and fiat seamlessly
• No fees for SEPA transfers within the EEA

Supported Networks

Holyheld is omnichain, supporting 20+ blockchain networks:

Currently Available:

• Ethereum, Arbitrum, Optimism, Base, Polygon, zkSync
• Avalanche, Gnosis, BNB Smart Chain, Blast, Mode
• Solana, Starknet, Berachain, Manta Pacific
• Polygon zkEVM, Aleph Zero EVM, Ink, Plume, Plasma

Coming Soon:

• Aptos, Loopring, Hyperliquid

Fees & Pricing

Account Fees

Fee Type	Amount
Account Opening	€0
Monthly Maintenance	€0
Top-up Fee	0%
Digital Statement	€0

Transaction Fees

Fee Type	Amount
Domestic Card Payment (first 100/month)	€0
Domestic Card Payment (after 100)	€0.50
International Card Payment	2.5% + €1
ATM Domestic	€1
ATM International	2.5% + €2
SEPA Express Transfer	€1

Dormancy Fees

Fee Type	Amount
Inactive Card (after 4 months)	€1/month
Dormant IBAN (after 5 months)	€1/month

Limits

Limit Type	Daily	Monthly	Annual
Card Spending	€10,000	€25,000	€250,000
ATM Withdrawal	€1,000	€5,000	€60,000
Single Transaction	€5,000	-	-

Geographic Availability

Currently Available (30 EEA Countries): Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Planned Expansion:

• United States
• Latin American countries

Not Available: Users from sanctioned countries and certain nationalities are ineligible due to regulatory compliance requirements.

Security & Compliance

Regulatory Framework:

• UAB Holyheld Financial authorized by Lithuania's FNTT
• Card services via Unlimit (Cyprus EMI, license #115.1.3.7)
• KYC/AML verification required

Security Features:

• Non-custodial model—users control private keys
• Biometric authentication via Passkey
• On-chain transaction protection up to $50,000
• Audited smart contracts

Target Users

Ideal For:

• Crypto natives who trade on DEXs and hold assets in self-custody
• DAO contributors receiving payments in crypto
• NFT collectors and DeFi users
• Freelancers and remote workers paid in cryptocurrency
• European users seeking low-fee crypto spending
• Privacy-conscious users who want to avoid custodial services

Not Suitable For:

• Users outside the EEA (currently)
• Those requiring automatic point-of-sale conversion
• Users needing free ATM withdrawals
• High-frequency spenders (100+ transactions/month)

Pros

• True non-custodial model—maintain control of your private keys
• Zero gas fees for top-ups (subsidized by Holyheld)
• Up to 1% cashback paid in USDC
• Supports 1,200+ cryptocurrencies across 20+ networks
• Personal IBAN with SEPA integration
• No monthly or annual fees
• Apple Pay and Google Pay support
• Excellent customer service (9.2/10 rating)
• Low crypto-to-fiat conversion cost (~0.5%)
• Instant virtual card after KYC

Cons

• Upfront card issuance fee (€29-€199)
• Only available in 30 EEA countries
• International transactions have 2.5% + €1 fee
• No free ATM withdrawals
• Requires manual pre-conversion (no auto-convert at POS)
• Dormancy fees after 4-5 months of inactivity
• Limited to €10,000 daily spending

Alternatives

• Gnosis Pay: Self-custodial Visa with up to 5% cashback in GNO, integrated IBAN
• Bybit Card: Exchange-backed with broader crypto support and higher limits
• Crypto.com Card: Up to 8% cashback with CRO staking, wider availability
• Nexo Card: Credit line against crypto holdings, no need to sell
• 1inch Card: Non-custodial with multi-chain support