Latest news with #Bitcoin-backed
Perth Now
11 hours ago
- Business
- Perth Now
Warning over new Bitcoin home loans
Australians have a new way of getting into the mortgage market via their Bitcoin holdings, but potential homeowners are being urged to take a deep breath before jumping into one of these products. In an Australian first launched last week, Bitcoin holders can use the asset like they would traditional money for a home loan. Mortgages Plus director and principal Chris Dodson told NewsWire that cryptocurrencies were maturing as an asset class, but he urged caution when using them for a home loan. Australians are being urged to weigh up the pros and cons of new Bitcoin-backed loans. Close-up generic Credit: istock 'I like the idea of people thinking of innovation and reassessing digital currencies as an asset class,' he said. 'But the volatility is a concern, as it wasn't too long ago Bitcoin fell below $US100 and two weeks later it's up to $US120,000, so that was a pretty wild swing.' Mr Dodson said the new launch was 'not a bad thing' but wanted to make sure everything was signed off prior to considering it for clients. 'I welcome the innovation and recognise the asset class is maturing but also we need to make sure our clients are looked after,' he said. Block Earner said it would become Australia's first Bitcoin-backed home loan provider after winning a lengthy court case with ASIC, successfully arguing it did not require a financial services licence to offer its products. In a statement, Block Earner said it would continue to work collaboratively with the regulators to bring clear benefit to Australian consumers. 'Block Earner continues to operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers,' it said. With the court proceedings out of the way, Block Earner is set to launch Australia's first Bitcoin-backed loan, which it says will help with Australia's housing affordability woes. They are the first in Australia. NewsWire /Joel Carrett Credit: News Corp Australia Interest rates will start at 9.50 per cent per annum with a 40 per cent loan-to-value ratio (LVR) and comparison rates of 11.93 per cent per annum with an 80 per cent LVR. The fixed rate is 11.50 per cent per annum for 12 months with 50 per cent LVR, while the comparison fixed rate is 12.17 per cent with 80 per cent LVR. But mortgage holders will still be able to hold onto their Bitcoin. This could mean they benefit from any potential upswing or owe more if the value of Bitcoin falls. 'Traditional affordability metrics, based on wage growth and Australian dollar figures, suggest a worsening housing crisis,' Block Earner said. 'But when homes are priced in inflation-resistant assets such as Bitcoin and gold, the picture shifts, and long-term holders of these assets may find their relative purchasing power has increased. 'In 2016, the average Australian home cost 627 BTC (bitcoin) or approximately 350 ounces of gold. By 2024, that had dropped to just 4.3 BTC or approximately 170 ounces of gold.' Block Earner chief executive and co-founder Charlie Karaboga said last week the launch of crypto-backed home loans was a turning point for property finance and digital assets. 'Crypto holders shouldn't have to choose between holding Bitcoin and buying a home,' he said. 'We're giving them a smarter option, a way to put their crypto to work without giving it up. 'This product isn't just innovative, it's inevitable.'
Perth Now
5 days ago
- Business
- Perth Now
Bitcoin mortgages hit Aus after court win
Crypto investors will no longer have to choose between owning Bitcoin or buying a home, with the first Bitcoin-backed home loan launching in Australia. Block Earner said it would become Australia's first Bitcoin-backed home loan provider after winning a lengthy court case with ASIC, successfully arguing it did not require a financial services licence to offer its products. In a statement, Block Earner said it would continue to work collaboratively with the regulators to bring clear benefit to Australian consumers. 'Block Earner continues to operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers,' it said. With the court proceedings out of the way, Block Earner is set to launch Australia's first Bitcoin-backed loan, which it says by recognising Bitcoin as a legitimate asset class will help with Australia's housing affordability woes. 'Traditional, affordability metrics, based on wage growth and Australian dollar figures, suggest a worsening housing crisis,' Block Earner said. Australia's first Bitcoin-backed mortgage is set to launch. NewsWire /Joel Carrett Credit: News Corp Australia 'But when homes are priced in inflation-resistant assets such as Bitcoin and gold, the picture shifts, and long-term holders of these assets may find their relative purchasing power has increased. 'In 2016, the average Australian home cost 627 BTC (bitcoin) or approximately 350 ounces of gold. By 2024, that had dropped to just 4.3 BTC or approximately 170 ounces of gold.' Block Earner said its Bitcoin-backed home loan product provided an inclusive, asset-backed path from Bitcoin holder to homeowner, allowing people to enter the property market without having to sell their Bitcoin. Block Earner chief executive and co-founder Charlie Karaboga said the launch of crypto-backed home loans was a turning point for property finance and digital assets. 'Crypto holders shouldn't have to choose between holding Bitcoin and buying a home,' he said. 'We're giving them a smarter option, a way to put their crypto to work without giving it up. 'This product isn't just innovative, it's inevitable.' Australians will soon be able to buy their home using bitcoin. NewsWire / Max Mason-Hubers Credit: News Corp Australia Customers can pay interest-only for up to four years with either crypto or Australian dollars. Block Earner said it would approve loans within 24 hours with no lock-in or early repayment fees. Interest rates will start at 9.50 per cent per annum with a 40 per cent loan-to-value ratio (LVR) and comparison rates of 11.93 per cent per annum with an 80 per cent LVR. The fixed rate is 11.50 per cent per annum for 12 months with 50 per cent LVR, while the comparison fixed rate is 12.17 per cent with 80 per cent LVR. Block Earner said its initial soft launch had accumulated more than $110m in mortgage demand.
Gulf Insider
6 days ago
- Business
- Gulf Insider
Bitcoin Is Draining The Value Out Of Real Estate
With nearly $400 trillion in global value, real estate is the world's largest asset class, over three times the size of the global stock market and nearly four times global GDP. As more people have put their savings in real estate, houses have evolved from shelter to inflation-hedging assets that carry a significant monetary premium. Whether it's San Francisco, London, or Prague, residential and commercial landlords keep investing in more buildings despite only earning a 3% net rental yield. The reason is very simple: real estate makes for great collateral. In normal market conditions, banks are always happy to lend against real estate, which is why nearly anyone can get a mortgage. With mortgages, property owners can access liquidity through initial financing, refinancing, second loans, and Home Equity Lines of Credit. Despite the excesses that triggered the 2008 crisis, this system has largely worked: mortgages have democratized credit, offering liquidity without giving up ownership. That's part of what made real estate the undisputed king of store-of-value assets. But here's a question: why only real estate? Imagine you're a lender choosing between three borrowers—one offers gold, another a Ferrari, and the third a house. Technically, all can be collateral. But in practice? The house wins every time. Why? Gold can easily be transferred overseas, and cars can be driven away. But real estate is tied to land. As long as the state enforces property rights, the lender's position is secure. But what if there were a form of collateral that didn't even rely on legal enforcement? Enter Bitcoin. David vs. Goliath As collateral, Bitcoin outperforms real estate on nearly every metric: it's always available, globally recognized, instantly transferable, programmable, and secured by cryptography rather than legal systems. While selling a property requires navigating local markets, appraisals, fees, capital controls, and regulatory hurdles, liquidating Bitcoin collateral can be as simple as clicking one button. Even though everybody is currently focused on ETFs or corporate treasuries, Bitcoin's natural next step, as institutional adoption grows, will be collateral markets. As soon as you democratize non-custodial Bitcoin-backed loans, BTC becomes usable capital, similar to how people have been treating their house. And if borrowing against Bitcoin becomes easier, safer, and cheaper than borrowing against real estate, why would anyone store wealth in houses? Simple: they won't. Generally speaking, real estate's value is determined based on the cash flows the property can generate, plus a market-driven monetary premium. Bitcoin, on the other hand, is a pure expression of monetary value, unburdened by physical constraints or ownership costs. As more capital flows into Bitcoin-backed credit markets, this monetary premium baked into property will inevitably collapse, and real estate will return to its utility value. Some indicators suggest this is already happening. The Tide is Changing Last year, Relai observed that real estate investors, private clients, and businesses have been 'flocking to Bitcoin, [considering it] the ultimate hedge against central banks and the dangers they bring with unexpected rate cuts.' Demographics reveal a clear generational shift: Millennials and Zoomers don't aspire as much to their grandparents' lifestyle of settling in one place. Many can no longer afford to buy a house because of the above-mentioned monetary premium. The rise of digital nomads and remote workers reveals a new reality—the ideal store of wealth today must be portable, global, and native to the internet. According to a 2024 survey, Zoomers are more invested in crypto (20%) than they are in stocks (18%), real estate (13%), or bonds (11%). The generational divide is even clearer when looking at Charles Schwab's survey: 62% of Millennials planned to invest in crypto ETFs last year, compared to only 15% of Baby Boomers. Bitcoin is poised to take a significant bite out of real estate's dominance. That's not just because it performs better as a store of value, but because lenders will prefer it as frictionless, programmable, and borderless collateral. As we have already seen a shift in generational preferences, if Bitcoin captures even a fraction of the monetary premium embedded in the $400T real estate market, tens of trillions worth of capital will rotate into it. That's not a tweak in capital flows—it's a global repricing event. Most people are not ready for how fast this will happen. But it's inevitable. Source Bitcoin Magazine
Business Wire
07-07-2025
- Business
- Business Wire
Aditxt Unveils bitXbio™: A Bitcoin-Backed Treasury Strategy Designed to Accelerate Biotech Commercialization
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Aditxt, Inc. (Nasdaq: ADTX) ("Aditxt" or the "Company"), a social innovation platform accelerating promising health innovations, today announced its bitXbio (pronounced 'bit by bio') Plan, a next-generation capitalization and monetization public-market strategy integrating Bitcoin (BTC) in support of its biotech commercialization efforts. The initiative will be anchored by a Bitcoin-backed treasury strategy that was recently approved by its board of directors, aimed at expanding Aditxt's capital ecosystem and aligning its enterprise value (EV) with projected monetization opportunities starting in 2026. Aditxt is a social innovation platform that currently operates two programs focused on autoimmunity and early disease and cancer detection. The Company seeks to grow by A cquiring, B uilding, and C apitalizing high-growth ventures across health and biotechnology. The bitXbio Plan marks a deliberate move to broaden the company's capital accessibility and align its current market value with its commercialization roadmap — blending Bitcoin-backed reserve with capital access to support scale and liquidity. 'bitXbio™ is a forward-looking strategy designed to align our capital structure with the value-creation potential of our biotech pipeline,' said Amro Albanna, Co-founder and CEO of Aditxt. 'As we look to strengthen our balance sheet and enterprise value, we plan to seek to integrate digital currency reserves, subject to the availability of funds, and continue to utilize our equity line to support the commercialization of high-impact innovations. We believe that this approach positions us to unlock shareholder value as we strive to execute on planned monetization milestones, starting in 2026.' Plan Highlights Bitcoin-Backed Treasury Strategy Aditxt plans to establish a Bitcoin reserve, subject to the availability of funds, to align its market value in support of its commercialization activities, and to unlock a new class of opportunities with digital asset economies. Equity Line Facility Aditxt intends to strategically deploy capital drawn on its existing equity line facility to meet its existing financial obligations and in support of its commercialization roadmap and upcoming monetization events. Aditxt has approximately $125 million in availability under its common stock purchase agreement with its equity line investor, of which it presently has the ability to sell up to 50 million shares of its common stock pursuant to its registration statement on Form S-1, which was declared effective by the SEC on June 30, 2025. Planned Capitalization Events in 2026 As part of its 2026 monetization strategy, Aditxt is positioning Pearsanta for an initial public offering. The plan reflects Aditxt's broader vision to build a global, socially driven biotech platform, capable of commercializing and monetizing innovation through digital capitalization. About Aditxt, Inc. Aditxt, Inc. is a social innovation platform accelerating promising health innovations. Aditxt's ecosystem of research institutions, industry partners, and shareholders collaboratively drives their mission to "Make Promising Innovations Possible Together." The innovation platform is the cornerstone of Aditxt's strategy, where multiple disciplines drive disruptive growth and address significant societal challenges. Aditxt operates a unique model that democratizes innovation, ensures every stakeholder's voice is heard and valued, and empowers collective progress. The Company currently operates two programs focused on immune health and precision health. Through the proposed acquisition of Evofem under the July 2024 Amended and Restated Merger Agreement between Evofem, Aditxt and Adifem, Inc., as amended (the "A&R Merger Agreement"), Aditxt aims to introduce an additional program dedicated to women's health. The companies are working toward a targeted close in the second half of 2025. The closing of the transaction with Evofem is subject to several conditions, including but not limited to approval of the transaction by Evofem's shareholders and Aditxt raising sufficient capital to fund its obligations at closing. These obligations include cash payments of approximately $17 million for Evofem, which includes approximately $15.2 million required to satisfy Evofem's senior secured noteholder; should Aditxt fail to secure these funds, Evofem's senior secured noteholder is expected to seek to prevent the closing of the merger with Evofem. No assurance can be provided that all of the conditions to closing will be obtained or satisfied or that the transaction will ultimately close. Forward-Looking Statements This press release includes "forward-looking statements," within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Words such as, but not limited to, "achieving," "advancing," "aim," "are working to," "believe," "completing," "continue," "could," "design," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "suggest," "strategy," "target," "will," "would," and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to anticipated availability of funds to pursue the purchase of digital assets; expected growth of Aditxt; Aditxt's ability to successfully execute its mission to accelerate and monetize promising health innovations, and magnitude thereof; Aditxt's ability to complete the proposed initial public offering of Pearsanta on the proposed timeline, if at all; and Aditxt's ability to close the planned acquisition of Evofem, including to meet all closing conditions, and the timing thereof. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements are disclosed in each company's SEC filings, including Aditxt's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on March 21, 2025, and any subsequent Form 10-Q filings. All forward-looking statements are expressly qualified in their entirety by such factors. Aditxt undertakes no duty to update any forward-looking statement except as required by law. For more information, please visit bitXbio™ is a trademark of Aditxt, Inc. All rights reserved. Follow Aditxt on:
Business Insider
19-06-2025
- Business
- Business Insider
Nectra Launches Bitcoin-Backed Stablecoin Protocol, Redefining Bitcoin Loans
George Town, Cayman Islands, June 19th, 2025, Chainwire Today marks the introduction of Nectra, a permissionless lending protocol that allows Bitcoin holders to borrow against their BTC using nUSD, a decentralized, Bitcoin-backed stablecoin. Built on Citrea, Bitcoin's first ZK rollup, Nectra is pioneering a new era of non-custodial Bitcoin finance. In a landscape dominated by custodial lenders and opaque terms, Nectra brings a trust-minimized alternative—where there are no intermediaries, interest rates are user-set, and transparency is enforced on-chain. The result is a radically simplified and secure way to unlock liquidity without selling or rehypothecating Bitcoin. 'Bitcoin deserves financial applications that respect its ethos: decentralization, transparency, and self-sovereignty,' said Jo Carmack, co-founder of Nectra. 'With Nectra, Bitcoin becomes more than a store of value—it becomes an active financial asset.' Key Features of Nectra: Non-custodial loans: Users retain control of their Bitcoin throughout the lending process. Custom interest rates: Borrowers select their own APR. High LTVs: Borrow up to 83.3% of the value of traders' Bitcoin. Instant access to nUSD: A Bitcoin-backed stablecoin redeemable for BTC at any time. Real on-chain yield: Traders can earn yield by depositing nUSD into the protocol's Savings Account. Unlike centralized platforms, Nectra introduces no middlemen, no exorbitant fees, and no rehypothecation or pledging of funds. All logic is encoded in immutable smart contracts—ensuring permissionless access. Nectra is now live on Citrea testnet, with its mainnet launch and points program coming soon. Bitcoiners can already begin testing loans, redeeming nUSD, and earning yield—all while staying true to Bitcoin's principles. To Explore Nectra: About Nectra Nectra is a decentralized lending protocol that enables Bitcoin holders to borrow nUSD— a Bitcoin-backed stablecoin—without intermediaries or custodians. Built on Citrea, Bitcoin's first ZK rollup, Nectra offers permissionless, transparent, and immutable Bitcoin loans. By staying true to Bitcoin's principles, Nectra allows users to unlock Bitcoin liquidity in a Bitcoin-aligned way. Contact
