Crypto-Backed Mortgages Launch to Unlock Homeownership for Digital Asset Investors

A new mortgage product is being offered by a collaboration between Coinbase and Better Home & Finance Holding Co., which enables borrowers to utilize their crypto assets as collateral.

The innovative approach aims to bridge the gap in affordability faced by many American homebuyers, particularly those holding significant digital wealth but struggling with down payments.

By using Bitcoin or USDC as collateral, eligible borrowers can avoid taxable events associated with liquidating their assets while retaining ownership of their crypto holdings.