Block Earner gains AUD $8 million to grow crypto-backed loans
Block Earner has raised AUD $8 million in a Series A funding round led by CMCC Global’s Titan Fund, with participation from King River Capital, to support product expansion and growth in both Australia and early international markets.
The financing follows strong interest in Block Earner’s recently launched Bitcoin-backed home loan, which has seen over AUD $400 million in mortgage demand since its introduction. Block Earner has now raised a total of AUD $15 million, building on its prior AUD $7 million seed round in 2022 supported by investors such as Framework Ventures and Coinbase Ventures.
Block Earner’s Bitcoin-backed home loan product enables borrowers to use Bitcoin as collateral for home deposit finance while maintaining…
