Can Crypto Rent You a Car? $113M Travel Firm Adds 1,700 Rental Brands to Web3

2 weeks ago 6

Key Takeaways

  • Crypto-focused question level Travala has added entree to much than 1,700 car rental brands crossed 50,000+ locations successful implicit 150 countries.

  • The enlargement follows a milestone 2025 successful which Travala surpassed $113 cardinal successful yearly gross revenue.

  • Crypto car payments stay limited.

Crypto-focused question booking level Travala has launched a planetary car rental service, adding entree to much than 1,700 brands, including Hertz and Avis, arsenic it expands deeper into the integer plus economy.

The Singapore-based institution said connected Wednesday that the caller vertical gives customers entree to implicit 50,000 car rental locations crossed much than 150 countries.

Travala said the motorboat follows a “landmark” 2025, during which its expanded question offerings helped propulsion yearly gross gross supra $113 million.

Founded successful 2017 and backed by crypto speech Binance, Travala accepts much than 100 cryptocurrencies alongside fiat outgo options.

The institution began arsenic a edifice booking tract earlier adding flights and activities successful 2021.

 Travala

The crypto-native question booking work | Source: Travala

The work is powered by a concern with CarTrawler, a business-to-business question exertion supplier that aggregates inventory from firm and autarkic rental firms worldwide.

It aboriginal introduced a luxury-focused Concierge work and enabled multi-city formation bookings successful precocious 2025.

“The motorboat of car rentals is simply a pivotal infinitesimal for the Travala ecosystem,” Chief Executive Juan Otero said successful a statement, calling the enlargement portion of the company’s effort to span accepted question infrastructure with decentralized finance.

Through platforms specified arsenic Travala, customers tin efficaciously reserve rental cars utilizing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and stablecoins.

However, successful astir cases, the underlying rental supplier — specified arsenic Hertz oregon Avis — inactive operates wrong the accepted fiscal system.

That means customers whitethorn inactive request to contiguous a recognition paper astatine pickup for deposits oregon incidentals, depending connected the rental company’s policies.

The crypto transaction typically occurs astatine the booking layer, with the level settling payments with suppliers successful fiat currency down the scenes.

While adoption is growing, nonstop crypto acceptance by large planetary rental brands remains limited.

Buying a car outright with crypto oregon Bitcoin is possible, but adoption remains fragmented.

Some luxury and autarkic car dealerships astir the satellite judge Bitcoin and different integer assets directly, either done crypto outgo processors oregon peer-to-peer transfers.

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