Greenline Yachts takes first Bitcoin payment

The Slovenian shipyard has made its first crypto transaction in the deal for a Greenline 45 Coupe model
March 10 2025 3 minutes to read
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Greenline 45 Coupe

It is the first time Greenline Yachts has sold its yacht entirely for Bitcoins

The deal for a Greenline 45 Coupe was signed at boot Düsseldorf 2025, and the funds were received early in February. “We have been allowing customers to pay in Bitcoin since 2018, but this is the first one to take us up on it,” said Vladimir Zinchenko, Greenline owner. “We have got close a couple of times, but never cleared the final hurdle. This time it was different, and the transaction proceeded very smoothly. We would welcome future payments in cryptocurrency.”  

The transaction was enabled by BitPay, which is a US based company that provides mobile checkout services to businesses looking to accept cryptocurrency. As BitPay has a European regulatory presence, the process of accepting the money was absolutely barrier-free.

Greenline 45 Coupe
Greenline 45 Coupe

According to Merrick Theobald, Vice President of Marketing at BitPay, they “believe in the transformative power of cryptocurrency to revolutionize industries across the globe. This milestone transaction with Greenline Yachts is a perfect example of how Bitcoin is reshaping the luxury goods market. By embracing crypto payments, Greenline is not just enhancing the buying experience for their customers but also embracing the future of finance. As more businesses and consumers see the value of digital currency, it’s clear that cryptocurrency is here to stay – especially for high-value purchases like a luxury yacht.”

The owner used the shipyard’s boat show offer in Düsseldorf, providing an express build slot for a delivery in June the same year, which gives plenty of time for enjoying the Mediterranean summer.

Greenline 45 Coupe with an office space instead of a standard third cabin
Greenline 45 Coupe with an office space instead of a standard third cabin

The 45 Coupe is Greenline’s bestseller. Most of her hardtop is fitted with solar panels, capable of generating up to 13.2 kW per hour, which allows the yacht to spend more than four days at anchor without having to start the generator. The solar panels also help to power high-speed internet on board, which is particularly relevant, as the yacht sold at boot Düsseldorf features an office space instead of the third cabin. Despite the fact that the model is quite compact, the owner will be able to spend more time on board and stay connected. 

Vladimir Zinchenko added: “We’ve always looked to the future at Greenline Yachts – as much for the boats themselves as for the experience of buying and owning them. We were quick to recognise the promise of hybrid electric propulsion, large-scale solar generation and remote boat monitoring. Today, that principle has come full circle with an entirely digital transaction in Bitcoin.” 

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