Need Collateral to Get a Mortgage? Check Your Crypto Wallet

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. As Dorothy Gale said in The Wizard of Oz, there’s no place like home. Today, thanks to the magic of crypto, she wouldn’t need enchanted slippers to get there. On Thursday, crypto platform Coinbase and mortgage company Better Home and Finance introduced a product that will let homebuyers use the digital coin as collateral for a Fannie Mae-backed mortgage. It marks the first crypto-backed mo ...