We may look back on this in a few years and say, "Remember how we thought that was a big deal back then? Now, it's everywhere." The first cryptocurrency-backed conventional mortgage has been issued to a couple in Michigan.
If the future of finance is tokenization, this will be the first of many. Converting traditional real-world **** ets — such as currency, real estate, stocks, and bonds — into digital tokens on a blockchain is expected to reframe the world's financial infrastructure.
And the future began in June 2026.
Better and Coinbase have issued their first Fannie Mae-backed crypto mortgage to Joe and Amy of Ann Arbor, Michigan. When Joe first considered getting a mortgage and making a down payment with bitcoin, his options seemed limited.
"The two alternatives me and my wife were looking at was either selling and paying long-term cap gains or using a margin loan type structure, which is quite stressful because the interest rate is obviously very variable. And then there's also a margin call risk **** ociated with that, which is obviously scary," Joe told Yahoo Finance.
If the future of finance is tokenization, this will be the first of many. Converting traditional real-world **** ets — such as currency, real estate, stocks, and bonds — into digital tokens on a blockchain is expected to reframe the world's financial infrastructure.
And the future began in June 2026.
Better and Coinbase have issued their first Fannie Mae-backed crypto mortgage to Joe and Amy of Ann Arbor, Michigan. When Joe first considered getting a mortgage and making a down payment with bitcoin, his options seemed limited.
"The two alternatives me and my wife were looking at was either selling and paying long-term cap gains or using a margin loan type structure, which is quite stressful because the interest rate is obviously very variable. And then there's also a margin call risk **** ociated with that, which is obviously scary," Joe told Yahoo Finance.
12 hours ago
