Milo, a tech-centric direct mortgage lender, has announced it will unveil a new crypto mortgage designed to make it easy for crypto investors to utilize their digital assets to purchase U.S. real estate. Milo’s clients will be able to pledge their Bitcoin to purchase property.

“The world is changing rapidly, with how consumers make and invest their $2 trillion in crypto wealth,” said Josip Rupena, CEO and founder of Milo. “Clients expect us to come up with innovative solutions to extend credit to millions of great consumers. The existing ways for crypto consumers to access home credit has left them with unintended tax liabilities of selling for a down payment or worse the opportunity cost of seeing their crypto increase in value.”

Milo has been developing its crypto mortgage since 2021 and expects it to be available to most applicants in early 2022.

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