MILO LAUNCHES BITCOIN MORTGAGE IN THE U.S.

Real estate fintech Milo will launch the first U.S. bitcoin mortgage offering, enabling customers to leverage their BTC holdings to purchase properties in the country, the company said in a statement Tuesday.

Instead of selling bitcoin for a down payment to qualify for a mortgage, Milo now lets Americans and foreigners use their bitcoin stack as collateral for purchasing real estate in the U.S.