Better and Coinbase Launch the First Token-Backed, Conforming Mortgage

Better and Coinbase Launch the First Token-Backed, Conforming Mortgage
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By integrating home finance with digital assets, millions of Americans can now achieve their homeownership goals by pledging BTC or USDC without needing to liquidate their holdings or potentially triggering a taxable event1.
NEW YORK–(BUSINESS WIRE)–$BETR #BETR–Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN), today announced a milestone partnership to bring token-backed mortgages to millions of Americans. Token-backed mortgages are originated and serviced by Better, the leading AI-native mortgage originator, and benefit from the same backing of Fannie Mae as other conforming mortgages. Bitcoin (BTC) and USDC pledges are powered by Coinbase, the largest and most trusted cryptocurrency exchange in the US. Americans who qualify for a mortgage with Better will now be able to pledge Bitcoin or USDC as collateral to fund their cash down payment, securing a standard conforming mortgage without liquidating tokenized assets or potentially t

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