In a significant development for both the aviation and cryptocurrency industries, CoinPayments and Jetcraft have announced a partnership that will allow wealthy individuals and companies to purchase private aircraft using digital currencies like Bitcoin.
The collaboration brings together CoinPayments, a digital payment processor established in 2013, and Jetcraft, a global leader in business aircraft sales with over 60 years of experience. This partnership aims to modernize the traditionally paper-heavy and time-consuming process of purchasing private jets.
“Our partnership with Jetcraft represents a significant milestone in cryptocurrency adoption within high-net-worth markets,” said Alex Alexandrov, Chairman of CoinPayments. “By offering cryptocurrency payments for private aviation transactions, we’re expanding digital asset utility while providing Jetcraft’s clientele with the payment flexibility and efficiency they deserve.”
The new payment system addresses growing demand from wealthy individuals and corporations who hold digital assets and want to use them for major purchases. Many of Jetcraft’s clients come from technology, artificial intelligence, and entrepreneurial backgrounds—sectors where cryptocurrency adoption tends to be higher.
2023 Bombardier Global 7500 S/N 70167. Image credits: Jetcraft.
“At Jetcraft, we evolve with the ever-changing needs of our global clientele,” explained Jahid Fazal-Karim, Owner and Chairman of Jetcraft. “However, we’re often constrained by outdated processes and systems. By partnering with CoinPayments, we’re bringing forward an innovative payment solution that matches the forward-thinking mindset of our customers.”
The partnership offers several advantages over traditional payment methods for aircraft purchases:
- Seamless integration of cryptocurrency payments into Jetcraft’s accounting process
- Support for a wide range of digital currencies, with CoinPayments handling all conversion processes
- Enhanced security through state-of-the-art encryption and security protocols
- Full compliance with financial regulations and anti-money laundering policies
- Real-time processing that eliminates traditional banking delays
This collaboration represents the first large-scale implementation of cryptocurrency payment solutions in the private aviation sector. As digital assets continue to gain mainstream acceptance, both companies are positioning themselves at the forefront of financial innovation in luxury markets.
A top tier in the aircraft industry
CoinPayments, which supports over 100 cryptocurrencies, is also a sponsor of the Stake Sauber Formula 1 Team for the 2025 season, further demonstrating its involvement in high-performance industries.
Jetcraft operates as a global network of aviation advisors with international reach and local expertise. The company has established itself as the world’s largest international buyer and seller of business aircraft, offering clients support from its global team and tailored solutions for aircraft sales, acquisitions, and trading.
For wealthy individuals holding significant cryptocurrency assets, this partnership opens new possibilities for converting digital wealth into tangible luxury assets without first converting to traditional currencies—potentially streamlining what has historically been a complex purchasing process.
Sources:
- Chainwire – https://chainwire.org/2025/05/15/coinpayments-and-jetcraft-forge-landmark-partnership-to-revolutionize-business-aviation-payments-with-cryptocurrency/
