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Milo continues to guide in crypto financing, reinforcing real-world utility for digital belongings.
MIAMI, March 4, 2025 /PRNewswire/ — Milo, a monetary know-how firm and pioneer in crypto mortgage lending, has surpassed $65 million in complete mortgage quantity, highlighting the rising demand for various financing. Up to now, Milo has originated over $250 million in mortgages throughout its varied mortgage merchandise, underscoring its experience and the rising market curiosity in its progressive lending options.
“Our mission is to bridge digital belongings with actual property and construct long run wealth,” mentioned Josip Rupena, CEO and founding father of Milo. “For a lot of of our shoppers, fiat liquidity alone isn’t adequate to qualify for a mortgage. We’re proud to redefine mortgage eligibility by permitting their Bitcoin wealth to rely. As Bitcoin demand continues to rise, our resolution turns into much more important, enabling our shoppers to maintain their Bitcoin perpetually and eventually purchase a house.”
Milo gives as much as 100% financing on dwelling purchases, with mortgage quantities as much as $5 million, eliminating the necessity for a money down fee. By pledging digital belongings as collateral, shoppers can put money into actual property whereas sustaining publicity to crypto appreciation. Milo safeguards consumer belongings by way of industry-leading custodians Coinbase and BitGo whereas working beneath strict regulatory oversight as a Soc2-compliant licensed lender.
Miami Mayor Francis Suarez, the primary mayor to obtain his wage in Bitcoin and safe a crypto mortgage, praised Milo’s innovation: “Milo’s crypto mortgage let me purchase property with out promoting my Bitcoin. That is the way forward for finance, and it’s taking place in Miami.”
Milo’s affect extends past dwelling financing. Shoppers have constructed an extra $50 million in Bitcoin wealth by avoiding pressured liquidations for down funds. The corporate has additionally returned over $30 million in Bitcoin to shoppers who’ve paid down or repaid their loans. Notably, Milo has by no means issued a margin name, even throughout excessive market volatility, underscoring its dedication to monetary stability and accountable lending.
Increasing Crypto Lending Options
Along with its crypto mortgage choices, Milo not too long ago launched a crypto mortgage designed for digital asset holders searching for liquidity past mortgages. Gentle-launched in This fall 2024 to its current buyer base, this product permits shoppers to borrow towards their crypto holdings with out promoting, sustaining long-term funding potential. This growth aligns with Milo’s imaginative and prescient of serving to shoppers unlock monetary flexibility whereas retaining possession of their digital belongings.
Trying forward, Milo is making ready to introduce further lending options that cater to the evolving wants of digital asset buyers. Because the crypto market matures, Milo stays dedicated to pioneering progressive monetary merchandise that combine digital belongings into on a regular basis monetary choices.
About Milo
Milo is a monetary know-how firm reimagining entry to monetary options for digital asset holders. Leveraging proprietary know-how and deep {industry} experience, Milo created the primary crypto mortgage and has originated tens of millions in loans, offering real-world utility for crypto buyers. Milo’s buyers embody M13, QED Traders, Metaprop, 10X Capital.
For extra info, go to www.milo.io.
Media inquiries, [email protected] or [email protected].
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