Milo, a financial technology company and early mover in the crypto lending space, has surpassed $100million in originated crypto mortgages, marking a significant milestone for the emerging digital asset–backed home loan market.
The milestone represents significant growth in the adoption of digital asset-based financing among high-net-worth individuals and institutional investors. The $100million figure includes the company’s largest single transaction to date—a $12million crypto mortgage.
Stability and AI-enhanced underwriting
Josip Rupena, CEO and founder of Milo
Despite the historical volatility of digital assets, Milo reports a perfect track record of zero margin calls across its entire mortgage portfolio. The company currently offers competitive interest rates that average around 7 per cent.
According to the firm, this stability is achieved through AI-enhanced underwriting, servicing, and real-time collateral monitoring. These technological tools allow Milo to assess risk more precisely and move faster than traditional lenders, which is a critical advantage in the fast-moving cryptocurrency market.
Josip Rupena, CEO and founder of Milo, commented on the firm’s growth: “Crossing $100million in originations demonstrates the maturity and stability of our lending infrastructure. We’ve moved beyond proving the concept. Now we’re proving the execution.”
He added: “We’re seeing demand across both high net-worth individuals and institutions who recognize crypto as legitimate collateral. Clients are buying homes with their Bitcoin and others are cashing out home equity to buy more Bitcoin.”
How the crypto mortgage works
The product allows clients to pledge Bitcoin or Ethereum as collateral to finance real estate. By doing so, borrowers can diversify into property while retaining their exposure to potential cryptocurrency appreciation.
Key features of the offering include:
- Up to 100 per cent financing on home purchases.
- Loan amounts available up to $25million.
- The elimination of the need for a cash down payment.
- The avoidance of costly taxable events that would normally occur when selling crypto to buy a house.
For clients who prioritise maximum control over their assets, Milo provides a “self-custody” crypto mortgage option, enabling borrowers to maintain possession of their Bitcoin while still qualifying for the financing. For the traditional crypto mortgage, client assets are safeguarded by industry-leading custodians Coinbase and BitGo. The company itself operates as a SOC 2 audited licensed lender subject to stringent regulatory oversight.
Adam Back, CEO of Blockstream and an early Bitcoin pioneer, praised the model:
“Milo’s product is a game changer in Bitcoin lending and unlocks real world use cases for so many bitcoiners. While Bitcoin continues to appreciate, buyers are able to build equity in real estate and don’t have to sell their long term conviction, Bitcoin.”
Beyond its flagship mortgage offering, Milo has also seen explosive growth in its broader crypto loan product. The company’s loan book quadrupled over the course of 2025. With industry-leading rates starting at 8.25 per cent, clients have leveraged these flexible loans for a variety of purposes, including purchasing additional Bitcoin, acquiring land, funding home improvements, and making business investments.
