A crypto-backed mortgage is just one step in the tokenization of assets and the future of finance. Using bitcoin as collateral for a home loan or down payment will open the door to homeownership for potentially millions of crypto investors.

This is what’s about to happen.

What is a crypto-backed mortgage?

A crypto-backed mortgage is a type of home loan where you use your cryptocurrency as collateral to borrow money — without having to sell your crypto first.

Fannie Mae, a government-sponsored company that provides capital to the housing finance industry, has announced that it will begin accepting bitcoin and the stablecoin USD Coin as collateral for the most popular type of home loan, the conventional mortgage.

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