The new system, developed in partnership with Bahrain-based fintech ARP Pay, allows clients to pay using stablecoins like USDT and USDC, which are instantly converted to AED or USD at the time of transaction.
The move follows a successful pilot sale partially settled in crypto and positions Gulf Craft among a growing list of marine companies embracing digital currencies. The initiative is aimed at reducing transaction costs, speeding up international deals, and catering to a rising base of crypto-wealthy yacht buyers.
Whether a client is taking delivery of a Majesty or Nomad yacht, they can now transact through a channel that is fast, transparent and fully compliant.
CEO
“Whether a client is taking delivery of a Majesty or Nomad yacht, they can now transact through a channel that is fast, transparent and fully compliant,” said Gulf Craft CEO Erwin Bamps. A recent pilot transaction was partially settled in crypto, marking a milestone for the region.
Bitcoin-Priced Luxury: Yacht Models in BTC
With Bitcoin currently trading around $115,046, here’s how some of Gulf Craft’s flagship yachts convert to BTC:
| Yacht Model | Price (USD)* | Approx. BTC |
|---|---|---|
| Majesty 120 | $22,021,000 | 191 BTC |
| Majesty 100 Terrace | $11,373,000 | 99 BTC |
| Majesty 65 | $2,036,000 | 18 BTC |
| Nomad 101 | $9,862,000 | 86 BTC |
| Nomad 65 | $1,855,000 | 16 BTC |
| Oryx 379 | $579,500 | 5 BTC |
*New yacht prices are estimated and USD using current exchange rates and rounded to the nearest full BTC price at time of publishing.
UAE Strengthens Position in Crypto Innovation
This move positions Gulf Craft at the forefront of digital transformation in yachting. Backed by the UAE’s pro-crypto regulatory environment including VARA regulations, fintech free zones, and global innovation policies, the initiative further cements the country’s leadership in both maritime and financial sectors.
The UAE was built on maritime trade and early adoption of new ideas. Embracing regulated digital payments is a natural next step
Chairman
What This Means for Buyers
For international clients, especially those in the crypto community, the option to pay with digital assets adds speed, flexibility, and potentially lower transaction costs. Gulf Craft is now part of a wider trend within the marine industry that is actively catering to digital-first luxury buyers.
Interested in buying a Gulf Craft? View all Gulf Craft yachts for sale, tracked in real-time by YachtBuyer MarketWatch. We scan the entire market to ensure access to all genuine listings, saving you time. Alternatively, you can view all new & used yachts for sale.
