- Mortgage on Chain launched in Australia as the first dedicated mortgage broker specialising in securing conventional home loans for crypto investors.
- The firm does not offer crypto-backed loans but helps clients navigate standard bank criteria, managing crypto portfolios and tax events to access traditional mortgages.
- The service is linked to crypto accounting firm Tax On Chain, allowing for integrated advice on capital gains tax and mortgage structuring for crypto disposals.
Mortgage on Chain has launched in Australia as a dedicated mortgage broking service for cryptocurrency investors, positioning itself as the first specialist broker in the country focused on this segment.
The firm targets crypto investors rather than those with funds in cash or traditional investments. Its core pitch is that it understands that younger investors are increasingly adopting crypto, and that crypto portfolios, trading activity and tax events can affect a borrower’s ability to secure a home loan under standard bank criteria.
We’re seeing it firsthand – younger investors are turning to crypto to get on the property ladder sooner, but most brokers can’t interpret that wealth, present it to lenders, or advise on tax-effective strategies to sell down assets for a property purchase.
Oliver Woodbridge, Co-Founder of Mortgage On Chain.Read more: ECB Warns Stablecoin Run Could Ignite ‘Fire Sale’ Shock in US Treasury Markets
Helping Customers Navigate Crypto-Backed Loans
Rather than offering Bitcoin-backed or collateralised crypto loans, Mortgage On Chain supports clients in securing traditional Australian home loans while helping them understand the nuances of crypto-backed lending products that may form part of a broader, tax-effective strategy to fund a deposit. In practice, this means clients may be able to obtain a standard mortgage without immediately selling their crypto, while being guided on the potential tax implications if they choose to access liquidity through a crypto-backed loan – an area advised by Tax On Chain.
Mortgage On Chain operates alongside Tax On Chain, a Brisbane-based crypto accounting firm founded in 2021. Both businesses share directors Rafael Franco and Oliver Woodbridge, enabling a streamlined service that links mortgage planning with tax considerations and strategies for crypto investors.
The launch comes as Australia’s crypto lending landscape evolves, with Bitcoin-backed loan products now available from providers such as Block Earner. Mortgage On Chain differentiates itself by not offering or facilitating crypto-backed loans directly, nor taking custody of client assets. Instead, the service focuses on helping clients navigate their options and align their mortgage application with their overall financial and tax position.
Read more: XRP Rallies, BTC with Modest Gains, as Arthur Hayes Says Bottom is In
Credit: Source link
