.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.
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