The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded.
Originated and serviced by Better, powered by Coinbase.
Rolling out nationwide this summer.
Get your house and keep your crypto.
Crypto-backed mortgages are here - increasing access to homeownership for millions of Americans.
Buy a home without converting your portfolio by using BTC or USDC as collateral for your down payment.
Offered by Better, powered by Coinbase.
Learn more about crypto-backed mortgages โ
https://t.co/EUdrwL12pE
Legal stuff:
Subject to credit approval by Better. Coinbase does not offer mortgage advice, and is not involved in the loan underwriting process. All mortgages and crypto-backed loans are offered and serviced by Better, powered by Coinbase. Betterโs home loans are structured as conventional mortgages. If approved for a loan by Better, Coinbase One members will be eligible for a rebate equal to 1% of the mortgage value, up to a maximum of $10,000. Rebates are applied as a lender credit against closing costs, and any rebates will be paid by Better. Tax treatment of crypto pledges can vary. Borrowers are responsible for their own tax reporting and should consult an independent tax advisor.
Scammers think crypto gives them a place to hide. It doesn't.
We recently concluded a major operation with @Meta, @Microsoft, @Starlink, and @TheJusticeDept to freeze $3M+ in assets tied to scam networks in Southeast Asia.
Another case solved thanks to the transparency of blockchains.
https://t.co/v48m4C60bY
Pre-IPO perps are great to get exposure to private companies before they go public (outside the U.S. only for now) and to help with price discovery.
Now on Coinbase with SpaceX as our first listing.
Legal Stuff:
Pre-IPO perps are live for eligible non-US users in select markets via Coinbase Bermuda Ltd (BMA-licensed). These differ from standard perps: valuation-based index pricing, IPO conversion risk, lower liquidity & higher volatility = elevated risk. Only trade what you understand. Not affiliated with, sponsored, or endorsed by SpaceX. Learn more in our Help Centre.
https://t.co/ergEqWW032