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Milo Hits $100M in Crypto-Backed Home Loans - Crypto Economy
It was recently revealed that the company Milo has processed over $100 million in crypto-backed home loans, featuring a record-breaking $12 million transaction. The firm’s founder, Josip Rupena, stated that this achievement validates a model that allows Bitcoin and Ether investors to use their digital wealth as collateral without needing to sell their assets or face costly taxable events.
This financial milestone directly impacts the real-world utility of Web3, enabling individuals with high crypto net worth but moderate fiat income to access the real estate sector. Unlike traditional loans, Milo has designed a conservative system capable of withstanding 65% market drawdowns without executing forced liquidations, maintaining a track record of zero margin calls even during periods of high volatility.
From now on, the market should monitor the expansion of these licenses into more U.S. states and the adoption of self-custody for collateral. With the backing of figures such as Adam Back, Milo’s success will serve as a barometer to measure the definitive integration of digital assets into the global financial and mortgage lending systems.
**Source:**https://goo.su/4J644
Disclaimer: Crypto Economy’s Flash News is prepared from official and verified public sources by our editorial team. Its purpose is to quickly report on relevant facts within the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.