Milo continues to guide in crypto financing, reinforcing real-world utility for digital belongings.
MIAMI, March 4, 2025 /PRNewswire/ — Milo, a monetary expertise firm and pioneer in crypto mortgage lending, has surpassed $65 million in whole mortgage quantity, highlighting the growing demand for various financing. Up to now, Milo has originated over $250 million in mortgages throughout its numerous mortgage merchandise, underscoring its experience and the rising market curiosity in its modern lending options.
“Our mission is to bridge digital belongings with actual property and construct long run wealth,” stated Josip Rupena, CEO and founding father of Milo. “For a lot of of our purchasers, fiat liquidity alone isn’t ample to qualify for a mortgage. We’re proud to redefine mortgage eligibility by permitting their Bitcoin wealth to depend. As Bitcoin demand continues to rise, our answer turns into much more important, enabling our purchasers to maintain their Bitcoin without end and eventually purchase a house.”
Milo affords as much as 100% financing on residence purchases, with mortgage quantities as much as $5 million, eliminating the necessity for a money down cost. By pledging digital belongings as collateral, purchasers can spend money on 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 residence 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 purchasers 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 just lately launched a crypto mortgage designed for digital asset holders in search of liquidity past mortgages. Smooth-launched in This autumn 2024 to its present buyer base, this product permits purchasers to borrow in opposition to their crypto holdings with out promoting, sustaining long-term funding potential. This enlargement aligns with Milo’s imaginative and prescient of serving to purchasers unlock monetary flexibility whereas retaining possession of their digital belongings.
Wanting forward, Milo is making ready to introduce extra lending options that cater to the evolving wants of digital asset traders. Because the crypto market matures, Milo stays dedicated to pioneering modern monetary merchandise that combine digital belongings into on a regular basis monetary selections.
About Milo
Milo is a monetary expertise firm reimagining entry to monetary options for digital asset holders. Leveraging proprietary expertise and deep {industry} experience, Milo created the primary crypto mortgage and has originated thousands and thousands in loans, offering real-world utility for crypto traders. Milo’s traders embrace M13, QED Traders, Metaprop, 10X Capital.
For extra info, go to www.milo.io.
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