Milo, a financial technology firm based in Miami, has announced a significant milestone by originating over $100 million in crypto mortgages, a notable advancement in integrating digital assets into home financing. This total includes the company’s largest individual transaction to date, a $12 million mortgage backed by cryptocurrency, highlighting the increasing interest among institutional investors and high net worth individuals in alternative mortgage solutions.
The innovative product offered by Milo allows clients to leverage their Bitcoin holdings to secure financing for home purchases, eliminating the need to liquidate assets. Notably, the firm provides up to 100% financing for loan amounts reaching as high as $25 million, thereby removing conventional cash down payments and the tax implications associated with converting cryptocurrency into cash.
Chief Executive Officer Josip Rupena emphasized that surpassing the $100 million mark in originations signifies a growing acceptance of crypto-based financial solutions. “Crossing $100 million in originations demonstrates the maturity and stability of our lending infrastructure,” Rupena stated, adding that the company has advanced from merely proving the concept to demonstrating successful execution of its services.
Milo’s tracking records reveal that its mortgage portfolio has not seen any margin calls, with interest rates averaging around 7%. This success is attributed in part to their AI-driven servicing and real-time monitoring of collateral, providing a faster risk assessment as compared to traditional financial institutions.
In addition to their crypto mortgage offerings, Milo introduced a self-custody mortgage option, allowing borrowers to maintain control of their Bitcoin while qualifying for financing. Traditionally, collateral is held through established custodians, including Coinbase and BitGo, ensuring secure transaction processes.
Adam Back, CEO of Blockstream, highlighted the potential of crypto-backed mortgages to enhance financial opportunities for Bitcoin holders. “While Bitcoin continues to appreciate, buyers are able to build equity in real estate without having to sell their long-term convictions,” Back remarked.
Beyond mortgage services, Milo has seen substantial growth in its crypto loan offerings, reporting a fourfold increase in its loan book for 2025. The firm provides crypto-backed loans with interest rates starting at 8.25%, which clients have utilized for various purposes, including acquiring more Bitcoin, purchasing land, financing home renovations, and making business investments.
Milo first ventured into this innovative sector in 2022, developing what it claims to be the first U.S. Bitcoin mortgage. This product allows buyers to use their BTC assets as collateral to purchase properties without needing to convert their holdings into cash for a down payment. The company’s offerings are framed as a means for Bitcoin holders to secure mortgages while preserving their exposure to potential price increases in digital currencies.
Operating as a licensed lender, Milo adheres to regulatory standards and is SOC 2 audited, reinforcing its commitment to navigating the evolving landscape of crypto lending within the United States financial market.
