How these asset types are changing home loans
Financial technology company Milo has exceeded $65 million in crypto mortgage volume, reflecting increased demand for alternative financing solutions. The company, which facilitates home purchases using cryptocurrency as collateral, has originated more than $250 million in mortgages across its various loan products.
Milo’s model allows borrowers to leverage their Bitcoin holdings rather than relying solely on traditional fiat liquidity to secure home financing. “Our mission is to bridge digital assets with real estate and build long-term wealth,” said Josip Rupena, CEO and founder of Milo. “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.”
The company provides up to 100% financing on home purchases, with loan amounts reaching $5 million. By pledging digital assets as collateral, borrowers can acquire property while maintaining exposure to cryptocurrency value fluctuations. Client assets are held with custodians such as Coinbase and BitGo, and Milo operates under regulatory compliance as a Soc2-licensed lender.
Miami mayor Francis Suarez, an early adopter of Milo’s crypto mortgage, praised the company’s approach. “Milo’s crypto mortgage let me buy property without selling my Bitcoin,” Suarez said. “This is the future of finance, and it’s happening in Miami.”
Beyond home financing, Milo reports that clients have collectively built an additional $50 million in Bitcoin wealth by avoiding liquidations for down payments. The company has also returned more than $30 million in Bitcoin to clients who have paid down or repaid their loans. According to Milo, it has not issued a margin call, even during periods of market volatility.
Milo has also expanded its offerings with a crypto-backed loan product introduced in late 2024. According to the news release, the loan allows digital asset holders to borrow against their cryptocurrency without selling, providing additional liquidity options. The company plans to introduce more lending solutions aimed at digital asset investors as the crypto market evolves.
Its investors include M13, QED Investors, Metaprop, 10X Capital.
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