Important Development For The Crypto Industry: Cryptocurrencies Are Included In The US Mortgage System!

Cryptocurrency credit platform Moon Mortgageraised a fund of $3.5 million. Funds Moon’s mortgage loan product CryptoMortgagewill be used to finance the

The platform allows investors to exchange their crypto real estate It will allow them to use it as collateral to finance their investments.

Cryptocurrency Lending Platform Moon Mortgage Launches $3.5M Kickoff

CryptoMortage takes investors’ digital assets as collateral and then provides 100% financing for investment properties. Investors will also be able to use Moon Mortgage to get a loan against the value of their digital assets.

In an interview with co-founder and CEO Aaron Nevin, “People are already encouraged to use their crypto to invest in real estate; “The problem is that they’ve never been able to do that until now,” he said.

CryptoMortgage is coming soon, according to the company Texas, Florida and ColoradoIt will be operational for home buyers in , and will eventually be available to investors in most states in the US for investment properties.

Moon Mortgage’s crypto assets are a US-wide crypto and bitcoin crypto custody firm Anchorage Digitalis stored in.

Many investors have managed to make huge profits by investing in crypto. But it still cannot be used to buy a house.

“TradFi and crypto still have a long way to go, so we want to fill this gap now and enable investors to not only use their crypto to invest in real-world assets, but also continue to benefit from their crypto investments over the long term,” said Aaron Nevin. .

*Not investment advice.