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.
Citi OKnightCrypto willcanny99 Is the purchase in MetaRuffy? Or they didn't saw us yet 🤔 Metaverse
Citi OKnightCrypto willcanny99 Imagine the sleepless nights knowing your mortgage could be called because of speculation dips. btc ride is over. World realizing asset-less computer generated numbers aren't really as valuable as the sellers saylor say? SquawkCNBC CNBC
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