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News Release

Phenix Jet Cayman now accepts cryptocurrency payments for private jet travel
August 25, 2025:Phenix Jet Cayman, an Asia Pacific business jet management and charter operator, is excited to announce a groundbreaking partnership with Deus X Pay, a licensed institutional stablecoin payment solutions provider. Phenix Jet clients can now seamlessly pay for private flights using cryptocurrency, making transactions faster, more secure and hassle-free.
Why Crypto with Phenix Jet Cayman?
- Instant settlements, zero delays : Payments clear 24/7, even on weekends and bank holidays
- Lower fees, no hidden costs : Skip traditional banking markups
- Secure and compliant : Fully regulated under FINTRAC, FAU and Lithuanian licensing
- Global flexibility : Perfect for high-net-worth travellers who value speed and convenience
Phenix Jet Cayman specialises in bespoke private jet services, including business jet management, maintenance and global charter flights. With a commitment to excellence, Phenix Jet Cayman has positioned itself as a premier choice in private jet travel. This collaboration marks a major step forward in modernising private jet travel payments, bringing cutting-edge crypto solutions to the skies.
Andrew Svoboda, chief executive officer at Phenix Jet Cayman, highlighted that embracing cryptocurrency payments underscores the company's commitment to innovation and client needs. “In an industry where luxury and convenience define excellence, this integration enables us to effectively meet the growing market demand for flexible, borderless transactions. By adopting crypto payments, we're not just keeping pace with chang,we're advancing the future of elite air travel, ensuring our clients experience unmatched convenience, security and efficiency at every step,” he stated.
Richard Crook, CEO of Deus X Pay, emphasised the significance of this partnership: “Working with Phenix Jet Cayman showcases our mutual goal of modernising payment processes in the luxury travel sector. Our cryptocurrency solutions will not only simplify transactions but also provide Phenix Jet Cayman's clients with secure, efficient payment options that meet the demands of today's evolving landscape.”
With offices in Hong Kong, Tokyo, Singapore, Cayman Islands and Guam, Phenix Jet's diverse fleet of 19 business jets includes the Boeing Business Jet and several Bombardier Global 7500s.