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via The Block · By The Block Editorial

Coinbase and Better fund first bitcoin-backed mortgage, plan nationwide rollout soon

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The Block Editorial
(12:40 PM UTC)
1 min read
JM
Updated byJames Mitchell
684 views
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Coinbase and Better Home & Finance Holding Company have funded the first Fannie Mae-backed mortgage using bitcoin as collateral and plan to make the product available to qualified borrowers nationwide by the summer.

The product, first announced in March, is designed to allow homebuyers to use their crypto holdings toward a down payment without selling their digital assets. Initially, the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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