Moon Mortgage Raises $3.5M Seed Round
M
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.
Mike
An editor at CoincropMike 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.
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