Milo

A borrower pledges Bitcoin or Ethereum as collateral through a qualified custodian — either Coinbase or BitGo — and Milo finances up to 100 percent of a home purchase. The crypto is not sold, so the borrower avoids capital-gains tax and retains price exposure. Milo states it does not rehypothecate the collateral, meaning the assets are held idle rather than lent out to generate yield. The firm also offers a self-custody mortgage that avoids margin calls for the duration of the loan term (per Milo website, 2026).

Milo operates as a regulated US non-bank lender. Its website states the company holds more than ten state-level licenses and undergoes quarterly audits. There is no indication of FDIC insurance or a depository charter, which places it in the specialty-finance category alongside other crypto-credit firms rather than among traditional mortgage banks.

Milo is purely a lending platform; it does not advertise any investment products, yield accounts, or exchange services. The firm originates crypto-backed mortgages and cash loans, earning revenue through interest and fees rather than asset management or trading. That narrow mandate distinguishes it from crypto platforms that commingle lending, custody, and proprietary trading under one roof.