Coinbase Partners with Better to Launch Crypto-Backed Mortgages

Coinbase has joined forces with Better Home and Finance to launch a new mortgage model that incorporates cryptocurrency into traditional home financing. The partnership marks a significant step in the integration of digital assets into mainstream financial systems.

The new model allows qualified US borrowers to use their crypto assets as collateral for down payments, rather than selling them. This approach combines a standard conforming mortgage with a separate crypto-backed loan, which funds the down payment while the primary mortgage remains a traditional loan backed by Fannie Mae.

This dual loan structure simplifies the borrowing process and enables borrowers to retain exposure to their digital assets while still qualifying for traditional home financing. The pledged crypto is held securely in a Coinbase custody account and is only released once the down payment loan is fully repaid.