Block Earner secures 8 million USD in funding to boost Bitcoin-backed mortgage products

Block Earner has secured 8 million USD in funding specifically for Bitcoin-backed mortgage products.

The mortgage product allows Bitcoin to be used as collateral, with a 9.5% interest rate and flexible repayments in either AUD, Bitcoin, or both.

A pilot program has been initiated, and user home purchases are anticipated within this year as the market stabilizes.

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