Cryptocurrency News

Propy partners with Abra to provide crypto-backed real estate loans

04/28/2022

Less than a minute

2022.04.28 18:02

Propy partners with Abra to provide crypto-backed real estate loans

Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets.

Propy customers can now put up digital assets as collateral for their real estate purchases through Abra Borrow, a cryptocurrency lending and borrowing service. Crypto collateral pledged on Abra is used to borrow United States dollars that can then be applied to home purchases.

04/28/2022

Less than a minute

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