Milo, a financial technology company and the enabler of crypto mortgage lending, has reportedly achieved a key milestone by “surpassing $65 million in total loan volume for its crypto mortgage offering.”
This is said to highlight the demand for alternative financing solutions and validates the “use of Bitcoin (BTC) and Ethereum (ETH) as viable assets for securing homeownership.”
To date, Milo has originated over “$250 million in mortgages across its various loan products, underscoring its expertise and the growing market interest in its innovative lending solutions.”
Josip Rupena, CEO and founder of Milo said:
“Our mission is to bridge the gap between digital assets and real estate, empowering clients to leverage their crypto holdings to build long-term wealth. For many of our clients, fiat liquidity alone isn’t sufficient to qualify for a mortgage. We’re proud to redefine mortgage eligibility by allowing their Bitcoin wealth to count. As Bitcoin demand continues to rise, our solution becomes even more essential, enabling our clients to keep their Bitcoin forever and finally buy a home.”
Milo offers up to 100% financing on home purchases, “with loan amounts reaching up to $5 million – eliminating the need for a cash down payment.”
By pledging BTC or ETH as collateral, clients can “diversify their investment portfolios into real estate while retaining exposure to potential crypto appreciation.”
Client assets are safeguarded through industry-leading custodians Coinbase and BitGo.
Additionally, Milo operates under “regulatory oversight, reinforcing its position as a trusted and Soc2 compliant licensed lender in the evolving digital asset space.”
The impact of Milo’s crypto mortgage solution has been “significant.”
Clients have collectively built an “additional $50 million in Bitcoin wealth by avoiding forced liquidation for cash down payments.”
Moreover, the company has successfully returned “over $30 million in Bitcoin to clients who have paid down or fully repaid their loans.”
Notably, Milo claims it has never issued a margin call, even during periods of extreme market volatility, “demonstrating its commitment to financial stability and responsible lending.”
Expanding on its lending suite, Milo recently “introduced a crypto loan product designed for digital asset holders seeking liquidity beyond mortgages.”
“Soft-launched” in Q4 2024 to its existing customer base, this product aligns with Milo’s vision of helping clients “retain their crypto assets while utilizing them to enhance their financial flexibility.”
The company is also preparing to introduce “additional lending solutions in the coming months to further meet the evolving needs of digital asset investors.”
Milo is a financial technology company “reimagining access to financial solutions for digital asset holders.”
By leveraging a technology stack and industry expertise, Milo created the crypto mortgage and has “originated millions, providing real-world utility for cryptocurrency investors.”
Committed to transparency and accessibility, Milo continues to develop new solutions that aim to “make homeownership and lending services more attainable for the digital asset community.”