Milo, a Miami-based monetary know-how agency targeted on crypto-backed lending, introduced it has originated greater than $100 million in crypto mortgages, marking a milestone in the usage of digital belongings as collateral for house financing and buying.
The corporate mentioned the full contains its largest single transaction up to now, a $12 million crypto mortgage, as demand grows amongst institutional and excessive web price debtors in search of options to conventional mortgage buildings.
Milo’s crypto mortgage product permits shoppers to pledge Bitcoin to safe financing for house purchases with out promoting their holdings. The corporate mentioned it presents as much as 100% financing with mortgage quantities as much as $25 million, eradicating the necessity for money down funds and avoiding taxable occasions that may include liquidating crypto belongings.
Chief Government Officer Josip Rupena mentioned the milestone displays broader adoption of crypto-based financing.
“Crossing $100 million in originations demonstrates the maturity and stability of our lending infrastructure,” Rupena mentioned. “We’ve moved past proving the idea. Now we’re proving the execution.”
Milo mentioned its mortgage portfolio has not skilled any margin calls, and that its rates of interest common round 7%. The agency attributed its underwriting method to AI-driven servicing and real-time collateral monitoring, which it mentioned permits for quicker threat evaluation in contrast with conventional lenders.
Milo’s self-custody mortgages
The corporate additionally highlighted a self-custody mortgage choice, which lets debtors keep management of their Bitcoin whereas nonetheless qualifying for financing. In its commonplace crypto mortgage construction, Milo mentioned shopper collateral is held by custodians Coinbase and BitGo.
Adam Again, CEO of Blockstream, mentioned crypto-backed mortgages might increase real-world monetary use circumstances for Bitcoin holders.
“Whereas Bitcoin continues to understand, patrons are capable of construct fairness in actual property and don’t need to promote their long run conviction,” Again mentioned.
Past mortgages, Milo mentioned its crypto mortgage enterprise additionally expanded sharply, with its mortgage ebook quadrupling in 2025.
The agency presents crypto-backed loans beginning at 8.25% curiosity, which it mentioned shoppers have used for purchases together with extra Bitcoin, land acquisitions, house renovations, and enterprise investments.
Again in 2022, Milo started creating what it now calls the primary U.S. bitcoin mortgage, permitting patrons to make use of their BTC holdings as collateral to buy property with out promoting for a down fee.
The corporate mentioned the 30-year product can finance 100% of a house buy, with CEO Josip Rupena and Miami Mayor Francis Suarez framing it as a manner for bitcoin holders to qualify for mortgages whereas preserving publicity to BTC’s upside.
Milo operates as a licensed lender and mentioned it’s SOC 2 audited, positioning its merchandise inside regulatory oversight as crypto lending continues to develop within the U.S. monetary market.
