Unique Bitcoin-backed home loan refinancing deal in California
Cointelegraph
Published Jul 28, 2021 11:14PM ET
Updated Jul 29, 2021 01:20AM ET
One of Southern California's largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.
The company stated that this is the first time a refinancing has been completed using Bitcoin as collateral. In the July 28 announcement it added that it has previously facilitated a number of real estate transactions that used BTC as the form of payment.
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Written By: Cointelegraph
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