In a significant milestone for the convergence of traditional real estate and digital finance, Miami-based fintech firm Milo has announced it has surpassed $100 million in crypto-backed mortgages, including a record $12 million single transaction. This achievement underscores the growing acceptance of cryptocurrencies as a viable form of collateral in the highly regulated mortgage market.
Expanding the Crypto Mortgage Ecosystem
Milo’s innovative crypto mortgage product allows clients to secure financing for home purchases by pledging Bitcoin, eliminating the need to liquidate their digital assets. This approach not only preserves the potential for long-term gains in Bitcoin but also opens up new avenues for real estate investment for crypto holders. CEO Josip Rupena highlighted the significance of this milestone, stating, ‘Crossing $100 million in originations demonstrates the maturity and stability of our lending infrastructure. We’ve moved beyond proving the concept. Now we’re proving the execution.’
Key Features and Benefits
Milo offers a range of benefits that set its crypto mortgages apart from traditional lending options. The firm provides up to 100% financing for home purchases, with loan amounts reaching up to $25 million. This flexibility is particularly appealing to high-net-worth individuals and institutional investors who are looking to leverage their crypto holdings without incurring taxable events. The company’s portfolio has also remained resilient, with no margin calls reported, and average interest rates around 7%.
AI-Driven Underwriting and Self-Custody Options
Milo’s success can be attributed to its advanced underwriting approach, which leverages AI-driven servicing and real-time collateral monitoring. This technology enables faster and more accurate risk assessments compared to traditional lenders. Additionally, Milo offers a self-custody mortgage option, allowing borrowers to maintain control of their Bitcoin while still qualifying for financing. In the standard crypto mortgage structure, client collateral is held through custodians such as Coinbase and BitGo.
Industry Support and Future Outlook
Industry leaders have expressed support for the growing trend of crypto-backed mortgages. Adam Back, CEO of Blockstream, noted, ‘While Bitcoin continues to appreciate, buyers are able to build equity in real estate and don’t have to sell their long-term conviction.’ Beyond mortgages, Milo’s crypto loan business has also seen substantial growth, with its loan book quadrupling in 2025. The firm offers crypto-backed loans starting at 8.25% interest, which clients have used for various purposes, including additional Bitcoin purchases, land acquisitions, and business investments.
Milo’s achievements in the crypto mortgage space reflect a broader shift towards the integration of digital assets into traditional financial systems. As regulatory frameworks continue to evolve, the company’s position as a licensed lender and SOC 2 audited entity positions it well to navigate the evolving landscape. The future of crypto mortgages looks promising, with the potential to democratize access to real estate for a new generation of investors.
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