Better Home & Finance, Coinbase offer Bitcoin-backed mortgages in US

Better Home & Finance has partnered with Coinbase to offer US mortgages that let borrowers use Bitcoin as collateral or a down payment while retaining exposure to the asset. This product unlocks liquidity for crypto holders without forcing sales, which could reduce selling pressure and marginally boost demand for Bitcoin as a utilitarian collateral asset. However, it also increases Bitcoin’s linkage to mortgage markets and interest-rate cycles and introduces counterparty and regulatory risks that could affect sentiment and volatility.