Saturday, April 30, 2022

New crypto mortgages in the US real estate market let property buyers pledge their digital holdings as collateral for a loan, with no down payments necessary (Heather Perlberg/Bloomberg)

Heather Perlberg / Bloomberg:
New crypto mortgages in the US real estate market let property buyers pledge their digital holdings as collateral for a loan, with no down payments necessary  —  It took Vincent Burniske months to get a seven-figure loan to buy two small apartment buildings in a coveted Miami neighborhood.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...