Milo Tops $100 Million in Crypto Mortgages, Record $12 Million Home Loan
Milo has originated over $100 million in crypto-backed mortgages, including a record $12 million loan, signaling growth in digital asset collateralized financing.Summary
Milo, a Miami-based fintech firm specializing in crypto-backed lending, announced it has surpassed $100 million in originated crypto mortgages. This milestone includes their largest transaction to date, a $12 million home loan, reflecting increasing demand from institutional and high-net-worth borrowers for alternatives to traditional financing.
Milo's product allows clients to use Bitcoin as collateral to secure home financing, offering up to 100% financing without requiring cash down payments or triggering taxable events from selling crypto. CEO Josip Rupena stated this achievement proves the maturity of their lending infrastructure. The company noted its mortgage portfolio has seen no margin calls, with average interest rates around 7%, supported by AI-driven servicing and real-time collateral monitoring.
Furthermore, Milo offers a self-custody mortgage option, allowing borrowers to retain control of their Bitcoin, though standard mortgages use custodians like Coinbase and BitGo. The firm's broader crypto loan book also quadrupled in 2025. Milo, which began developing its U.S. bitcoin mortgage in 2022, operates as a licensed and SOC 2 audited lender.
(Source：Bitcoin Magazine)