Coinbase, Better Bring Crypto Backed Mortgages To Millions Of Americans

Better Home & Finance Holding Company (NASDAQ: BETR) has partnered with Coinbase Global, Inc. (NASDAQ: COIN) to introduce token-backed mortgages, allowing Americans to use Bitcoin or USDC as collateral without liquidating their assets. This initiative targets the 52 million Americans with digital assets, enabling them to satisfy down payment requirements for conforming mortgages while complying with Fannie Mae guidelines. BETR shares rose 6.05% to $33.32, reflecting a 153.50% increase over the past year, although the stock remains closer to its 52-week lows.