Moon Mortgage Raises $3.5M Seed Round
Share this article
An editor at Coincrop
24 Oct 2022 | 2 min read
oon Mortgage, a crypto lending platform, has raised $3.5 million in seed financing for its mortgage lending product CryptoMortgage.
The platform will enable investors to use their cryptocurrency as collateral for financing real estate investments.
CryptoMortgage platform that allows investors to use their digital assets as collateral for investment properties. With CryptoMortgage, you can get 100% financing for your investment property. Additionally, Moon Mortgage also allows you to take out a loan against the value of your digital assets.
According to the company, CryptoMortgage will be launching soon for home buyers in Texas, Florida and Colorado. Eventually, it plans on being open to investors in most states across the U.S., but only for investment properties.
MikeAn editor at Coincrop
Mike is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely putting his latest car project back together.
CoinLoan combine the best of traditional and novel finance helping you borrow, swap and grow your assets.
Compare over 47,145 CeFi and DeFi products across more than 224 organizations here