Milo continues to lead in crypto real estate financing, allowing digital asset holders to leverage Bitcoin and Ethereum for homeownership without selling their assets.
Milo, a financial technology company and the pioneer in crypto mortgage lending, has achieved a significant milestone by surpassing $65 million in total loan volume for its crypto mortgage offering. This accomplishment highlights the increasing 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.
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“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,” 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. 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 stringent regulatory oversight, reinforcing its position as a trusted and Soc2 compliant licensed lender in the evolving digital asset space.
Miami Mayor Francis Suarez, the first mayor to receive his salary in Bitcoin and secure a crypto mortgage, praised Milo's innovation: “Milo's crypto mortgage let me leverage my Bitcoin to buy property without selling my holdings. This is the future of finance, and it's happening right here in Miami.”
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 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.
About Milo:Milo is a financial technology company reimagining access to financial solutions for digital asset holders. By leveraging a proprietary technology stack and deep industry expertise, Milo created the first crypto mortgage and has originated millions, providing real-world utility for cryptocurrency investors. Committed to innovation, transparency, and accessibility, Milo continues to pioneer new solutions that make homeownership and lending services more attainable for the digital asset community.
CONTACT: Yasmine EsparzaPitch Public RelationsYasmine@pitchpublicrelations.com
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SOURCE Milo Credit
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