Cointelegraph’s One-Time Bitcoin-Backed Home Loan Refinance Transaction in California

Single Bitcoin Backed Mortgage Refinance Transaction in California

Glen Oaks Escrow, one of Southern California’s largest independent custody companies, has announced its first real estate refinancing via a Bitcoin-backed loan.

The company said it was the first time that collateral was used to finalize the refinancing. July 28 announcement He added that he had previously facilitated many real estate transactions using BTC as a form of payment.

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