Better and Coinbase issue the first crypto-backed conventional mortgage
Key takeaways
- Now, it s everywhere." The first cryptocurrency-backed conventional mortgage has been issued to a couple in Michigan.
- If the future of finance is tokenization, this will be the first of many.
- Better and Coinbase have issued their first Fannie Mae-backed crypto mortgage to Joe and Amy of Ann Arbor, Michigan.
Better and Coinbase issue the first crypto-backed conventional mortgage Hal Bundrick, CFP® · Senior Writer Thu, June 4, 2026 at 7:45 PM GMT+7 4 min read BTC-USD FNMA We may look back on this in a few years and say, "Remember how we thought that was a big deal back then? Now, it s everywhere." The first cryptocurrency-backed conventional mortgage has been issued to a couple in Michigan.
If the future of finance is tokenization, this will be the first of many. Converting traditional real-world assets — such as currency, real estate, stocks, and bonds — into digital tokens on a blockchain is expected to reframe the world s financial infrastructure.
Better and Coinbase have issued their first Fannie Mae-backed crypto mortgage to Joe and Amy of Ann Arbor, Michigan. When Joe first considered getting a mortgage and making a down payment with bitcoin, his options seemed limited.