Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
Crypto lending platform Moon Mortgage has raised a $3.5 million seed round. The funds will be used to finance Moon’s mortgage lending product, Cry...
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Crypto lending platform Moon Mortgage has raised a $3.5 million seed round. The funds will be used to finance Moon’s mortgage lending product, Cry...
Bloomberg News reports the hot new thing in finance is the nouveau crypto riche putting up their expensive digital assets as collateral to buy expensive houses using a more-or-less traditional mortgage, but with no dead-tree dollars down.
Crypto mortgages are the latest example of the deepening role of digital coins in the U.S. real estate market, with property buyers and lenders alike embracing the volatile currencies to underpin deals for hard assets.