Better and Coinbase have teamed up to launch a Bitcoin (BTC)-backed mortgage product. According to Cointelegraph, US homebuyers can now use their bitcoin as collateral for a down payment, without actually selling their BTC. The new offering, built in partnership with Coinbase, targets folks who want to keep their BTC exposure while also getting a mortgage to buy a home.

What’s New

This is a crypto-collateralized mortgage: buyers put up bitcoin as collateral for their down payment. The product is available to US homebuyers and is powered by an integration with Coinbase.

How It Works for Borrowers

The main idea is to let you use your BTC as collateral for your down payment—no need to cash out your stack. This lets crypto holders leverage their existing positions when applying for a mortgage through Better, with Coinbase handling the technical side of the process.

Why It Matters

This launch gives crypto holders more ways to buy a home, building another bridge between digital assets and traditional lending. For a chunk of the market, it means easier access to mortgages—without having to change their bitcoin holdings or sell off their coins.