Better and Coinbase close first Fannie Mae-backed bitcoin mortgage

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Better and Coinbase Celebrate the First Token-backed Mortgage Fund Backed by Fannie Mae, Announce Official Product Launch Date

June 4, 2026 8:30 AM EDT

As homeownership slips further out of reach, Better and Coinbase show a new path is possible for qualified buyers to secure a mortgage using Bitcoin as collateral

NEW YORK--(BUSINESS WIRE)-- Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN), today announced the funding of the first Fannie Mae-backed mortgage backed by Bitcoin in the United States. The companies also confirmed plans to make the product available to qualified borrowers nationwide by Summer 2026.

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