Milo — Bitcoin-secured crypto mortgage lender

Milo is a Miami-based fintech lender that originated over $100 million in crypto-backed home loans as of February 2026, making it the largest U.S. provider of Bitcoin-secured mortgages by volume. The product accepts Bitcoin (and Ethereum) as collateral alongside a first-lien security interest in the financed property, creating a dual-collateral structure: on default, Milo can access the pledged crypto held at a qualified custodian (Coinbase or BitGo) or foreclose on the real property. Loan amounts run up to $25 million with up to 100% loan-to-value financing, meaning no cash down payment is required. Borrowers pledge crypto equal in value to the loan at origination. Interest rates have averaged approximately 7% across the portfolio. Milo holds mortgage licenses in ten U.S. states and has reported zero margin calls across its entire loan book despite significant crypto-price volatility. The firm closed a record single transaction of $12 million in February 2026.