Milo, a Miami-based monetary expertise agency centered on crypto-backed lending, introduced it has originated greater than $100 million in crypto mortgages, marking a milestone in using digital property as collateral for dwelling financing and buying.
The company stated the full contains its largest single transaction to this point, a $12 million crypto mortgage, as demand grows amongst institutional and excessive web price debtors searching for alternate options to conventional mortgage buildings.
Milo’s crypto mortgage product permits shoppers to pledge Bitcoin to safe financing for dwelling purchases with out promoting their holdings. The corporate stated it gives as much as 100% financing with mortgage quantities as much as $25 million, removing the need for cash down payments and avoiding taxable occasions that may include liquidating crypto property.
Chief Government Officer Josip Rupena stated the milestone displays broader adoption of crypto-based financing.
“Crossing $100 million in originations demonstrates the maturity and stability of our lending infrastructure,” Rupena stated. “We’ve moved past proving the idea. Now we’re proving the execution.”
Milo stated 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 stated permits for sooner 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 customary crypto mortgage construction, Milo stated consumer collateral is held by way of custodians Coinbase and BitGo.
Adam Again, CEO of Blockstream, stated crypto-backed mortgages might broaden real-world monetary use instances for Bitcoin holders.
“Whereas Bitcoin continues to understand, patrons are in a position to construct fairness in actual property and don’t should promote their long run conviction,” Again stated.
Past mortgages, Milo stated its crypto mortgage enterprise additionally expanded sharply, with its mortgage guide quadrupling in 2025.
The agency gives crypto-backed loans beginning at 8.25% curiosity, which it stated shoppers have used for purchases together with further Bitcoin, land acquisitions, dwelling renovations, and enterprise investments.
Again in 2022, Milo began developing 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 cost.
The corporate stated the 30-year product can finance 100% of a house buy, with CEO Josip Rupena and Miami Mayor Francis Suarez framing it as a method for bitcoin holders to qualify for mortgages whereas maintaining publicity to BTC’s upside.
Milo operates as a licensed lender and stated it’s SOC 2 audited, positioning its merchandise inside regulatory oversight as crypto lending continues to develop within the U.S. monetary market.
