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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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A Bitcoin-backed mortgage is coming from Block Earner.
Block Earner, one of the important exchanges in the crypto world, announced its $8 million Series A investment. With this investment, the company's total value reached $75 million.
The exchange also announced the first Bitcoin-backed mortgage product in Australia along with this announcement. The exchange stated that there is currently a demand of 400 million dollars for Bitcoin-backed mortgages in the country, and said, "This product will allow users to finance their housing payments and achieve their financial goals without selling their assets."
Zebediah Rice from King River Capital, a venture capital firm based in Australia that participated in the funding round, also made the following statements regarding the Block Earner exchange:
"Block Earner aligns with the future vision we believe in. Their user-centric design and product innovation approach are among the most important reasons for our investment... They are also very strong in terms of legal compliance... In a future where blockchain technology becomes the foundation of mainstream financial solutions, this exchange will hold an important place."
Published: August 18, 2025 14:28