Get your house and keep your crypto. We’ve joined forces with Better to launch a new crypto-backed mortgage product that lets homebuyers use Bitcoin or USDC toward a down payment – without selling their assets. This means: → Pledge your crypto instead of a cash down payment → Keep your assets and keep earning rewards without giving up long-term investments → Coinbase One exclusive: if approved for a loan, members will be eligible for a rebate worth 1% of the mortgage value, capped at $10,000, to cover closing costs and fees Originated and serviced by Better, powered by Coinbase, and with the same backing of Fannie Mae as other conforming mortgages. The product will be live in the coming months. More details: https://lnkd.in/e8dnfd3a
This is the "Holy Grail" of RWA: utilizing on-chain liquidity to solve real-world capital friction without triggering taxable liquidation events. A massive win for Bitcoin as a treasury asset.
Interesting move — using crypto toward a down payment without having to sell feels like it removes one of the biggest friction points for people sitting on digital assets. Curious to see if it shapes the way people start thinking about crypto as part of their long-term financial picture, not just a trading asset.
The claim of “the same backing of Fannie Mae as other conforming mortgages” is misleading. Fannie Mae is buying a completely standard first-lien conforming mortgage on the house, with the down payment shown as cash at closing and the usual 20% equity cushion. Fannie Mae has no exposure to crypto volatility and remains fully protected in first lien position by the home itself. They could care less where the cash down payment actually came from. The risk sits entirely with Better on the separate second lien at a 40% advance rate. If the borrower becomes more than 60 days delinquent, Better has the right to liquidate the collateral.
Hi!I can't acces my Coinbase wallet after an update I already talked with the support team They can't help me
The bridge between digital wealth and real-world assets (RWA) just got a lot shorter. For years, the friction of 'off-ramping' to buy a home was a major barrier. Seeing Coinbase and Better automate this process shows that the infrastructure is finally mature enough to handle complex, high-stakes consumer lending. This is how we move from speculation to actual utility.
This is innovation: The convergence of real estate finance and digital assets is no longer theoretical—crypto-backed mortgages are emerging as a compelling bridge between traditional collateral frameworks and on-chain liquidity.
Loving this evolution of the digital asset space.
Such an interesting concept!accepting crypto in place of a cash down payment and giving a 1% rebate (up to $10k). One question: if the crypto’s value falls suddenly or a margin call happens while it’s pledged, how do lenders respond, and do rewards still build up?
Legal stuff: Subject to credit approval by Better. Coinbase does not offer mortgage advice, and is not involved in the loan underwriting process. All mortgages and crypto-backed loans are offered and serviced by Better, powered by Coinbase. Better’s home loans are structured as conventional mortgages. If approved for a loan by Better, Coinbase One members will be eligible for a rebate equal to 1% of the mortgage value, up to a maximum of $10,000. Rebates are applied as a lender credit against closing costs, and any rebates will be paid by Better. Tax treatment of crypto pledges can vary. Borrowers are responsible for their own tax reporting and should consult an independent tax advisor.