Milo, a Miami-based monetary expertise agency targeted on crypto-backed lending, introduced it has originated greater than $100 million in crypto mortgages, marking a milestone in the usage of digital belongings as collateral for residence financing and buying.
The corporate mentioned the overall consists of its largest single transaction thus far, a $12 million crypto mortgage, as demand grows amongst institutional and excessive web price debtors looking for options to conventional mortgage buildings.
Milo’s crypto mortgage product permits purchasers to pledge Bitcoin to safe financing for residence purchases with out promoting their holdings. The corporate mentioned it affords as much as 100% financing with mortgage quantities as much as $25 million, eradicating the necessity for money down funds and avoiding taxable occasions that may include liquidating crypto belongings.
Chief Govt Officer Josip Rupena mentioned the milestone displays broader adoption of crypto-based financing.
“Crossing $100 million in originations demonstrates the maturity and stability of our lending infrastructure,” Rupena mentioned. “We’ve moved past proving the idea. Now we’re proving the execution.”
Milo mentioned its mortgage portfolio has not skilled any margin calls, and that its rates of interest common round 7%. The agency attributed its underwriting strategy to AI-driven servicing and real-time collateral monitoring, which it mentioned permits for quicker danger evaluation in contrast with conventional lenders.
Milo’s self-custody mortgages
The corporate additionally highlighted a self-custody mortgage possibility, which lets debtors preserve management of their Bitcoin whereas nonetheless qualifying for financing. In its customary crypto mortgage construction, Milo mentioned shopper collateral is held by custodians Coinbase and BitGo.
Adam Again, CEO of Blockstream, mentioned crypto-backed mortgages might broaden real-world monetary use instances for Bitcoin holders.
“Whereas Bitcoin continues to understand, patrons are in a position to construct fairness in actual property and don’t need to promote their long run conviction,” Again mentioned.
Past mortgages, Milo mentioned its crypto mortgage enterprise additionally expanded sharply, with its mortgage ebook quadrupling in 2025.
The agency affords crypto-backed loans beginning at 8.25% curiosity, which it mentioned purchasers have used for purchases together with extra Bitcoin, land acquisitions, residence renovations, and enterprise investments.
Again in 2022, Milo started creating what it now calls the primary U.S. bitcoin mortgage, permitting patrons to make use of their BTC holdings as collateral to buy property with out promoting for a down cost.
The corporate mentioned the 30-year product can finance 100% of a house buy, with CEO Josip Rupena and Miami Mayor Francis Suarez framing it as a manner for bitcoin holders to qualify for mortgages whereas maintaining publicity to BTC’s upside.
Milo operates as a licensed lender and mentioned it’s SOC 2 audited, positioning its merchandise inside regulatory oversight as crypto lending continues to develop within the U.S. monetary market.