“People are already incentivized to use their crypto to invest in real estate; the problem is that until now they have never had the ability to,” co-founder and CEO Aaron Nevin told CoinDesk. “Historically, to buy a home they would have had to liquidate their assets, lose their upside and get hit with a massive tax bill. The aim is to bridge the two worlds of crypto and TradFi to make it easy for them to leverage their digital assets.”
Source: https://www.coindesk.com/business/2022/10/11/crypto-lending-platform-moon-mortgage-raises-35m-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines