FOR IMMEDIATE RELEASE
Milo Clients See over $100 Million in Wealth Growth Through Pioneering Crypto Mortgage Offering
[CITY, STATE] – [DATE] – Milo, the company behind the world’s first crypto mortgage, today announced its clients have collectively increased their wealth by more than $100 million leveraging the firm’s innovative lending platform. By utilizing Bitcoin and ethereum as collateral, Milo clients have secured over $80 million in property without needing to sell their digital assets.
This milestone underscores the growing demand for financial products that bridge the gap between the burgeoning crypto market and traditional real estate.Milo’s model allows individuals to build equity in a home while continuing to benefit from the potential appreciation of their cryptocurrency holdings – a benefit unavailable through conventional mortgage options.
“We’re not just financing homes, we’re helping people future-proof their wealth,” said Joseph Rupena, CEO and founder of Milo.”Every milestone shows the same truth: our clients don’t have to choose between buying a home and holding their crypto. With our model, they can do both, unlock life’s milestones today and be well-positioned for even greater gains tomorrow.”
Milo offers financing up to 100% of home purchase prices, with loan amounts reaching up to $5 million and requiring no down payment. Assets used as collateral are securely held through trusted custodians Coinbase and BitGo. The company’s commitment to security is further reinforced by its SOC2 compliance and adherence to regulatory oversight.
Beyond traditional mortgages, Milo is expanding its offerings to include short-term crypto-backed loans for land purchases, new construction, home improvements, and down payments. Clients also have the flexibility of choosing loan terms with no required monthly payments, allowing them to maintain liquidity and continue investing in crypto.
As the crypto asset class continues its expansion – currently valued at $4 trillion - Milo positions its clients to capitalize on both the growth of digital assets and the stability of homeownership.
About Milo:
Milo is a leading crypto lender revolutionizing real estate financing. The company offers innovative lending solutions that allow individuals to leverage their digital assets to achieve their homeownership goals. Learn more at https://www.milo.io.
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