Nearly four months after crypto exchange Coinbase and the Federal National 
Mortgage Association—better known as Fannie Mae—announced their partnership, 
the companies have now disclosed what they describe as the first-ever mortgage 
backed by crypto collateral. No Need To Sell Crypto The concept was originally 
unveiled in March, when Better Home &amp; Finance and Coinbase announced a joint 
mortgage product designed for prospective homebuyers who hold crypto but 
struggle with the cash requirements of traditional financing. Instead of 
requiring customers to liquidate their digital holdings to raise down payment 
funds, the Coinbase program allows borrowers to pledge crypto—such as Bitcoin 
(BTC) or Circle’s USDC stablecoin held in a Coinbase account—so those holdings 
can secure a separate loan intended to cover the down payment. Importantly, 
the actual home mortgage remains a conventional Fannie Mae–backed loan, 
meaning the structure is built around the existing conforming mortgage 
framework rather than replacing it with a new, fully crypto-based mortgage 
system. Related Reading: XRP Price Falls To 4-Month Lows—Charts Signal Sell, 
On-Chain Data Turns Bearish In Thursday’s update, Better Home &amp; Finance and 
Coinbase said the first loan has already been closed. The borrowers are Joe 
and Amy, a married couple in their early 30s from Ann Arbor, Michigan. 
Coinbase reported that both had meaningful savings in digital assets, but ran 
into a challenge that blocks many qualified buyers: they didn’t have enough 
cash available for a traditional down payment. According to the companies, 
instead of selling their long-term Bitcoin position—an action that could 
trigger capital gains taxes and potentially force investors to exit 
exposure—they used the program to pledge their crypto as collateral. They then 
completed the purchase of their first home. Coinbase Sees New Path To 
Homeownership Joe, a software engineer, explained that homeownership has been 
the goal for some time, but he wasn’t willing to give up his long-term 
investment plan simply to qualify for a down payment. He said the mortgage 
helped him avoid liquidating his Bitcoin, avoid having to time the market, and 
avoid having to reset his finances in a way that would delay his path to 
buying a home. Joe said: We closed on our home, and my Bitcoin stayed intact. 
We didn’t have to liquidate, didn’t have to time the market, and didn’t have 
to start over financially to achieve our homeownership goals. That meant 
everything. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF 
Outflows, $4B Withdrawn In 12 Days Coinbase framed the milestone as part of a 
broader message about utility for crypto holders. Mark Troianovski, Head of 
Consumer &amp; Platform Partnerships at Coinbase, said the company believes 
Bitcoin should do more than sit idle in a wallet. He described the first 
token-backed conforming mortgage as a concrete example of that idea and 
pointed to the scale of digital-asset ownership in the US. Troianovski further 
stated: Funding the first token-backed conforming mortgage is one of the most 
tangible demonstrations of that vision that we have seen. Tens of millions of 
Americans have built real wealth in digital assets. That wealth now has a 
direct path to homeownership, creating new opportunities for the next 
generation of homebuyers. Featured image created with OpenArt; chart from 
TradingView.com

Nearly four months after crypto exchange Coinbase and the Federal National Mortgage Association—better known as Fannie Mae—announced their partnership, the companies have now disclosed what they describe as the first-ever mortgage backed by crypto collateral. No Need To Sell Crypto The concept was originally unveiled in March, when Better Home &amp; Finance and Coinbase announced &#8230;

Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage

The IAEA&#8217;s inability to inspect Iranian sites heightens regional instability 
and complicates diplomatic efforts to curb nuclear proliferation.
The post IAEA unable to inspect Iranian nuclear sites after US-Israel attacks: 
AP appeared first on Crypto Briefing.

The IAEA&#8217;s inability to inspect Iranian sites heightens regional instability and complicates diplomatic efforts to curb nuclear proliferation. The post IAEA unable to inspect Iranian nuclear sites after US-Israel attacks: AP appeared first on Crypto Briefing.

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SpaceX&#8217;s IPO could reshape market dynamics, intertwining its valuation with 
Bitcoin&#8217;s volatility and expanding crypto-trading opportunities.
The post SpaceX secures ticker symbol SPCX ahead of blockbuster $75 billion 
IPO appeared first on Crypto Briefing.

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investors to hedge against potential market volatility.
The post Barclays traders recommend buying protection against tech-led S&amp;P 500 
pullback appeared first on Crypto Briefing.

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Anthropic&#8217;s rapid user growth and impending IPO could significantly impact 
tech investment trends and valuations, influencing market dynamics.
The post Whale Rock CEO expects Anthropic to reach 500M users ahead of IPO 
appeared first on Crypto Briefing.

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a16z-linked wallets reportedly added 224,118 HYPE worth $15.16M as token 
volatility rises after Arthur Hayes exited his position this month.

a16z-linked wallets reportedly added 224,118 HYPE worth $15.16M as token volatility rises after Arthur Hayes exited his position this month.

Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage

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