Milo, the crypto lender behind the crypto backed mortgage, announced that its clients have increased their wealth by more than $100 million via its crypto mortgage offering. Using Bitcoin and Ethereum as collateral, Milo’s clients have acquired $80 million+ in property without liquidating their holdings.
This approach enables them to acquire homes while continuing to benefit from the anticipated “long-term growth” of their digital assets.
This milestone indicates the so-called real-world impact of Milo’s offering and highlights the seemingly “long-term” opportunity of combining crypto and real estate.
Milo’s clients are able to take advantage of so-called dual exposure, building equity in property while hopefully preserving the significant upside potential of their digital assets, an advantage not being offered via more traditional mortgages.
Josip Rupena, CEO and founder of Milo said:
“Every milestone shows the same truth, our clients don’t have to choose between buying a home and holding their crypto. With our model, they can do both, unlock life’s milestones today and be well-positioned for even greater gains tomorrow.”
Milo notes in the update that it offers “up to 100% financing on home purchases, with loan amounts up to $5 million and no cash down payment required.”
Collateralized assets are said to be safeguarded via Coinbase and BitGo.
This stability, along with the Fintech company’s SOC2 compliance and regulatory oversight, supports Milo’s role as a bridge between crypto and traditional finance.
Looking ahead, Milo says it is focused on expanding beyond mortgages into a broader suite of lending solutions.
Its crypto-backed loan product aims to offer short-term financing for purchases such as land, new construction, home improvement, or to finance a down payment. During the past year, crypto-backed loans have becoming increasingly common due to the rise of digital assets and stablecoins, but this sector is still quite new and somewhat experimental at this stage.
Clients also have the option to make no monthly payments, giving them more flexibility to manage liquidity while being able to keep their crypto invested. Whether or not this will be viable in the long-term remains to be seen since these types of offerings are still relatively new and one cannot reliably predict how the market will react to this.
As the estimated $4 trillion crypto asset class continues to grow, Milo’s clients are said to be positioned to capture that appreciation while taking advantage of the benefits of homeownership. But it’s worth noting that prices of crypto-assets and real estate can fluctuate significantly, especially in an uncertain economic environment with tariffs and high inflation rates.
As noted in the update, Milo says that it is a regulated crypto mortgage lender that supports crypto mortgages.
Based in Miami, Milo explains that it is focused on bridging the gap between digital assets and the property market.
Milo reports that it has originated more than $250m in mortgages across its various loan products, with the aim of offering real-world utility for Bitcoin and Ethereum holders.