Milo Launches Crypto Loans

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of consumers California When florida Digital assets are now readily accessible cipher Loan done right

Miami, January 24, 2023 /PR Newswire/ — Miloa financial technology company rethinking how cipher and global consumers access to financial solutions, today we launched a new cipher loan product.The launch will allow digital asset holders to Cryptocurrency As collateral to access loans ranging in value from the US dollar $10,000 – $200,000 It gets bigger on a case-by-case basis.

Milo makes home loans, loans and investments accessible to cryptocurrencies and consumers around the world through seamless online applications.

Milo announces new work cipher A loan product for digital asset holders to access USD loans backed by cipher assets.

Customers who own cipher (Bitcoin, ethereumUSDC) You can pledge these digital assets and borrow US dollars. To get started, customers simply complete a simple loan application and send their collateral to a trusted and qualified custodian for cold storage. Milo’s clients are underwritten on the basis of alternative data, allowing more individuals to qualify. Crypto Loans offered by Milo can be used for a variety of purposes and are disbursed within hours once compliance is approved.

Milo has been developing this product since 2022 and expects it to be available to most applicants in Q1 2023. Milo will initially launch a service for borrowers. California When florida We plan to expand to other states in 2023.

“Crypto Loans are an essential financial solution if consumers want to hold on. cipher We need dollars in the long run, but today we need dollars.” Josip Lupena, CEO and Founder of Milo. “Last year, Milo was an innovative cipher With everything going on in the mortgage and ecosystem, we felt it was important to help our clients today by making it easier for them to borrow. cipher– secured loans. Many companies have gone out of business because they took extreme levels of risk, but that’s not our philosophy. Simple, secure and transparent is what we want to offer. ”

The company’s other cipher The real estate offering that started last year has already started $10 million of cipher No customers faced mortgages and margin calls.Milo was born $130 million Milo’s team leverages decades of experience and its institutional capital base to create a trusted cipher lending solution.To learn more about our products and join our waiting list, please visit https://www.milo.io/cipher-loan.

About Milo:
Milo is a financial technology company that challenges the future of ambitions by reimagining financial solutions.as the main character cipher Provided by Mortgage Company Milo cipher It also enables consumers around the world to access mortgages, loans and investments through seamless online applications. By building its own technology stack from the ground up and deploying a world-class team, the company has enabled millions of dollars in US mortgages.Milo’s investors include M13, QED Investors, Metaprop , and 10X Capital. For more information, see: www.milo.io.