The Daily: Fannie Mae’s crypto-backed mortgage push, Trust Wallet’s AI trading agents, MARA’s 15,000 BTC sale, and more
Summary
The daily crypto news roundup highlights several key developments. Fannie Mae is preparing to accept mortgages collateralized by Bitcoin and USDC in a U.S. housing finance first, allowing borrowers to pledge crypto without selling it, with Coinbase custodying the assets. Separately, Trust Wallet introduced AI agents enabling users to automate crypto transactions across over 25 blockchains. Bitcoin miner MARA Holdings sold 15,133 BTC for $1.1 billion to fund the repurchase of convertible senior notes, marking a shift in their sales policy. Additionally, JPMorgan noted that Bitcoin showed safe-haven-like demand during recent geopolitical tensions, while Elon Musk hired former Base/Aave executive Benji Taylor to lead design at X.
(Source:The Block)