Transferring Cryptocurrency Assets into Conventional Home Loans: Australia’s Pioneering Unified Solution
Australia Welcomes Its First Crypto-Focused Mortgage Brokerage
Mortgage On Chain has made its debut in Australia, introducing the nation’s first mortgage broking service designed specifically for cryptocurrency investors. This innovative firm caters to the increasing number of digital asset holders who wish to utilize their crypto portfolios to achieve homeownership.
Founded by Rafael Franco and Oliver Woodbridge, Mortgage On Chain works in tandem with Tax On Chain, a specialist crypto accounting company. Together, they deliver comprehensive guidance on structuring mortgages and navigating the complexities of capital gains tax. Their collaboration is a direct response to the difficulties younger crypto investors encounter when traditional lenders struggle to assess digital asset portfolios, trading histories, and related tax events, as highlighted by recent market research.
How the Service Works
Rather than providing loans secured by cryptocurrency, Mortgage On Chain assists clients in obtaining standard home loans. They achieve this by helping investors manage their digital assets and tax responsibilities, ensuring their mortgage applications meet conventional banking standards. Woodbridge notes that many young investors turn to crypto as a means to enter the property market more quickly, yet most brokers lack the expertise to properly evaluate these assets or offer tax-efficient strategies for their sale, as supported by industry studies.
By addressing this gap, Mortgage On Chain simplifies the process of transforming crypto holdings into acceptable deposits for traditional mortgages. The firm also advises clients on potential tax consequences should they consider crypto-backed lending options.
Integrated Financial Planning
The partnership with Tax On Chain, established in 2021, enables clients to receive coordinated advice on both mortgage structuring and capital gains tax. This integrated approach is particularly valuable as regulatory oversight of crypto transactions becomes more stringent. Unlike companies such as Block Earner, which provide loans backed directly by Bitcoin, Mortgage On Chain does not offer crypto collateralization or asset custody services. Instead, their focus is on helping clients present their financial situations clearly and compliantly to lenders, in line with Australian tax and lending regulations, according to industry authorities.
Adapting to a Changing Landscape
The launch of Mortgage On Chain comes at a time when Australia’s crypto lending sector is rapidly evolving, with both regulators and banks gradually adjusting to the growing influence of digital assets. While crypto-backed loans are becoming more common, Mortgage On Chain stands out by supporting clients within the existing banking framework, rather than bypassing it. This approach may be especially attractive to investors who wish to avoid the risks of crypto price swings and liquidity issues, offering a steadier route to purchasing property.
The Future of Crypto and Real Estate
As cryptocurrencies gain wider acceptance, the intersection of digital assets and real estate brings new possibilities and hurdles. The arrival of Mortgage On Chain highlights the need for specialized services that understand the distinct financial circumstances of crypto investors, while also reflecting the broader movement to integrate decentralized finance with established economic systems.
