Today news
About the same in other media
Bitcoin-Backed Mortgages Coming to the US and Canada in 2022 as Ledn Raises USD 70M
Reading now: 528
A new bitcoin (BTC)-backed mortgage product that allows clients to borrow up to 100% of the value of their BTC stack might be launched in the US and Canada within months by digital asset savings and credit start-up Ledn.
The new mortgage product remains in pilot mode for selected clients in Canada for now, but according to the company, it will be made “broadly available” to clients located in the US and Canada in early 2022.
In an announcement today, the company said that it has “a growing waitlist” for the new product, and that it is targeting more than USD 100m in bitcoin-backed mortgage originations by the end of the first quarter of next year.
“Most people that hold extensive wealth in bitcoin still can't utilize their assets to qualify
Read more on cryptonews.comAbout this in other media
North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’ cryptonews.com /2 years ago
Terra’s UST becomes first decentralized stablecoin to hit $10B market cap ambcrypto.com /2 years ago
Just 1.3 million Bitcoin left circulating on crypto exchanges cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
