Moon Mortgage, a lending platform that specializes in real estate purchases, has recently launched its core mortgage product. This newly introduced product enables customers to use their Bitcoin or other digital assets as additional collateral to secure the required funds.

In its current state, the Bitcoin mortgage option can only be taken up by house buyers located in Florida, Texas, and Colorado, although the developers are aiming to expand their services to include additional states across the US. The minimum loan amount set forth is $1 million. Tristan Marino, Co-founder and COO of Moon Mortgage, has emphasised his desire to bridge the gap between traditional finance and cryptocurrency and Bitcoin mortgage is set to be the first step in achieving this goal.

In addition to the provided mortgage option, Moon Mortgage also offers Trade & Borrow - a service that allows customers to borrow against Bitcoin.

Following a $3.5 million seed investment in October 2022, Moon Mortgage has stated plans to reach out to more brokers in order to build scale and increase supply and meet the demand from investors.

More and more businesses are starting to recognize the potential of digital assets and the disruptive force of blockchain-based technology. As more crypto-centric options become available, more and more cryptocurrency users will be encouraged to invest in real estate, and this could bring huge benefits to both the real estate market and the cryptocurrency scene. With Moon Mortgage and its new range of products, investors are now equipped with the necessary tools to fully materialise their digital wealth.



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