.Citi has published an investor note on crypto-backed mortgages and the purchase of real estate in the metaverse. Reporting by oknightcrypto and willcanny99
Banking giant Citigroup has made a series of comments on mortgages backed by cryptocurrencies and the rise of digital real estate in the metaverse amid a pullback in the crypto markets.
The note goes on to describe how crypto investors can collateralize crypto holdings that at least covers the cost of a property before being issued a loan.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LUNC & USTC Show Double-Digit Growth Amid Crypto Market Drop, What's Wrong with Them?Forgotten and collapsed $USTC & $LUNC are booming amid crypto market drop ustc lunc terra luna
Read more »
Plano mortgage lender lays off 428 employees, citing ‘adverse market conditions’Plano-based mortgage company First Guaranty Mortgage Corp. laid off the majority of its staff on Friday.
Read more »
Crypto exchange FTX is looking into acquiring Robinhood: ReportFTX is eyeing Robinhood for an acquisition, but nothing is set yet.
Read more »
Hot July for Crypto Market: Big Burning News is Coming | HackerNoonIn June 2022, the whole crypto industry experienced one more wave of panic caused by uncertainty.
Read more »
Court Reportedly Orders Liquidation Of Crypto Hedge Fund Three Arrows Capital, Threatening More Market TurmoilThe reported insolvency of Three Arrows Capital could plunge an already bearish crypto market even lower.
Read more »