Better and Coinbase Celebrate the First Token-backed Mortgage Fund Backed by Fannie Mae, Announce Official Product Launch Date

Coinbase, Better offer first Fannie Mae-eligible crypto-backed mortgage to Michigan couple in early 30s

Coinbase Global (COIN) and Better Home & Finance (BETR) offered their first Fannie Mae-eligible crypto-backed mortgage to a married couple in their early 30s in Michigan.

Better and Coinbase Celebrate the First Token-backed Mortgage Fund Backed by Fannie Mae, Announce Official Product Launch Date

NEW YORK--(BUSINESS WIRE)--Jun 4, 2026-

What Are Crypto-Backed Mortgages & How Do They Work?

Coinbase and Better funded the first Fannie Mae-backed crypto mortgage on June 4. Here is how pledging BTC or USDC for a down payment works.

Standard Mortgage Infrastructure Integrates Bitcoin Collateral to Unlock U.S. Homeownership

Better Home & Finance, an AI-native mortgage lender, alongside the prominent cryptocurrency platform Coinbase, successfully funded the first Fannie Mae-backed conforming mortgage in the United States using Bitcoin as collateral. The high-profile achievement bridges the gap between legacy government-backed secondary housing networks and cryptographic wealth. The landmark loan was formally issued to a married couple in Ann Arbor, Michigan, who uti…

Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage

Nearly four months after crypto exchange Coinbase and the Federal National Mortgage Association—better known as Fannie Mae—announced their partnership, the companies have now disclosed what they describe as the first-ever mortgage backed by crypto collateral.  No Need To Sell Crypto The concept was originally unveiled in March, when Better Home & Finance and Coinbase announced a joint mortgage product designed for prospective homebuyers who hold…

Coinbase And Better Issue First Fannie Mae-Backed Bitcoin Mortgage

Coinbase and Better have funded the first Fannie Mae-backed U.S. mortgage using Bitcoin collateral, marking one of the clearest examples yet of crypto assets moving into mainstream housing finance. The mortgage was closed for Joe and Amy, a married couple in their early 30s from Ann Arbor, Michigan. Instead of selling their long-term Bitcoin position to raise cash for a traditional down payment, they pledged crypto as collateral and purchased th…