Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral. The loan refinances a multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package. The transaction allows the property's sponsor to repay the existing mortgage, fund capital improvements, and add Bitcoin to the loan's collateral. This approach provides better protection for lenders compared to traditional loans backed solely by real estate. The loan has a term of ten years, with the Bitcoin held in escrow for a minimum of four years. The structure could benefit pension funds facing asset-liability mismatches and offers exposure to an asset class that may outpace inflation over time. This represents a shift in how traditional finance views and utilizes cryptocurrencies.



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