Coinbase And Better Announce Bitcoin-Backed Mortgages

Coinbase and Nasdaq-listed Better Mortgage have announced the availability of Bitcoin-backed mortgages for Americans. 

The crypto exchange and lender said Wednesday that the service was designed in accordance with the Federal National Mortgage Association, or Fannie Mae. 

Coinbase and Better announced the funding of the first Bitcoin-backed mortgage in June. The service now hopes to cater to younger wannabe homeowners who have Bitcoin holdings. 

“In 2025, high interest rates, record home prices, and limited inventory pushed the median age of a first-time homebuyer to 40,” Chief Technology Officer at Better Mortgage, Ziggy Jonsson, said. 

“Coinbase counts millions of monthly users worldwide, and by allowing Coinbase One members to pledge crypto as collateral without selling their holdings, we’re opening a new path toward homeownership for a generation of borrowers whose wealth increasingly lives onchain.”

Ben Shen, head of financial services and loyalty products at Coinbase, added: “By enabling borrowers to pledge their digital assets in the mortgage underwriting process, we are allowing crypto to be more useful and powerful in the real-world — expanding the pathways to homeownership while preserving long-term investment positions.”