Cryptocurrency risk investment firm Framework Ventures has reached an agreement to acquire 10% of the publicly listed mortgage lender Better.com for approximately $45 million. This investment directly corresponds to Better.com’s planned launch of the mortgage token Home Token, backed by a pool of $500 million in mortgage loans and related assets, initially open only to qualified investors.
Investment Logic: Why Framework Ventures is Betting on Better.com
Framework Ventures is one of the largest supporters of the DeFi ecosystem Sky, which as of Monday has an ecosystem capital of about $18 billion. Sky supports its stablecoin system with real-world assets (RWA), including mortgage-backed assets. Investing in Better.com allows the integration of scaled housing loan assets into its DeFi framework.
Vance Spencer, co-founder of Framework Ventures, stated that this investment aims to “bridge the world of crypto valuation with traditional markets through stablecoins,” clearly indicating a cross-sector strategy linking traditional capital markets with decentralized finance.
Home Token Structure and Issuance Framework
Better.com plans to issue Home Token through a partnership with Sky, backed by a pool of $500 million in mortgage loans and related assets, with holders entitled to a proportional share of the returns.
Key Design Points of Home Token
Underlying Assets: $500 million in mortgage loans and other loan pools
Initial Qualification Restrictions: Only open to qualified investors; no public launch schedule set
Issuance Framework: Tokenized via Sky’s DeFi ecosystem
Retail Expansion Plans: Vishal Garg stated that they will explore ways for consumers to access the tokens; specific plans are yet to be determined
Better.com founder and CEO Vishal Garg emphasized that the core goal of tokenization is “eliminating multiple layers of intermediaries,” enabling more competitive mortgage rates for consumers by significantly reducing financing costs below market averages.
Better.com’s Market Valuation and Industry Significance of Tokenization
Better.com was originally planning to go public in 2021 with a valuation of $7.7 billion, but its IPO in 2023 saw its stock price plummet over 90% on the first day. As of Monday, the company’s market cap is approximately $450 million. Framework Ventures’ investment implies a valuation similar to the current market cap.
By joining the ranks of institutions like BlackRock and Fidelity in tokenizing traditional financial assets, Better.com becomes the latest publicly listed company to bring traditional assets onto the blockchain. Industry insiders supporting RWA tokenization believe this process can effectively reduce transaction costs and improve asset liquidity.
Frequently Asked Questions
What is Better.com’s Home Token?
Home Token is a mortgage-backed token issued by Better.com, supported by a pool of $500 million in mortgage loans and assets. Holders can receive a share of the underlying loan income. The token will be deployed through Sky’s DeFi ecosystem and initially limited to qualified investors.
Why did Framework Ventures choose to invest in Better.com?
Framework Ventures is a core supporter of Sky’s DeFi ecosystem. Investing in Better.com allows the integration of scaled housing loan assets into its RWA tokenization framework, facilitating cross-sector integration between traditional mortgage markets and crypto finance.
When will Home Token be open to retail investors?
There is no clear timeline yet. Vishal Garg mentioned that the company plans to explore retail access options, but specific details and launch dates have not been announced, and the official token name has not been confirmed.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Prime Unlocks Onchain Commodities Trading
Ripple Prime has integrated with Hyperliquid to offer onchain commodity perpetual contracts, allowing institutions to manage diverse assets within a unified margin system, enhancing efficiency in portfolio management and bridging traditional finance with DeFi.
CryptoFrontNews3m ago
Solana Slips Below Key Support as ETF Flows Turn Negative
Key Insights:
Solana fell below a six-week trendline, shifting focus toward 85 dollars support and a potential move to $67.44 if weakness continues
Exchange outflows reached over 39 million dollars in three days, signaling reduced sell pressure while also tightening liquidity during price v
CryptoNewsLand16m ago
ETH 15-minute rise of 1.36%: Leverage liquidation triggers inflows that drive unusual price action
2026-03-31 16:30 to 16:45 (UTC), within a 15-minute window ETH’s return reached +1.36%, with price fluctuations ranging from 2061.38 to 2108.31 USDT, and an amplitude of 2.27%. Market sentiment quickly concentrated, short-term volatility intensified, and heightened trading activity boosted attention.
The main driving force behind this unusual move is leveraged liquidations rapidly amplifying their impact on the spot market. Data shows that within 24 hours, the long and short liquidation amounts for ETH reached as high as $59.20 million and $32.97 million, respectively, with the total number of liquidations reaching 150,000.
GateNews1h ago
Nakamoto Inc. Sold 284 Bitcoin in March for $20 Million, 10-K Shows
Nakamoto Inc. disclosed it sold 284 BTC in March 2026 for $20 million, significantly lower than its 2025 acquisition price of $118,171 per coin. This sale reflects the company's dynamic approach to managing its Bitcoin reserves amidst market fluctuations.
CryptoNewsFlash2h ago
Nakamoto stock hits a new low after selling out 20 million USD worth of Bitcoin
Nakamoto's stock (NAKA) hit a record low after the company sold around $20 million in Bitcoin. This sale pressured the stock price amid market sensitivity to companies reducing their BTC holdings, raising concerns over asset management strategies.
TapChiBitcoin2h ago
ETH 15-minute drop of 0.73%: coordinated selling by ETF lead institutions and large-transaction capital outflows trigger selling pressure
2026-03-31 15:15 to 15:30 (UTC), the ETH spot market experienced a clear decline of -0.73%. The price ranged from 2058.77 to 2076.89 USDT, with a volatility of 0.87%. Due to the event, market attention increased, short-term fluctuations intensified, and trading activity among investors became more active.
The main driving forces behind this movement are the persistent selling by major institutions on the ETF side, combined with large capital outflows from the spot market. Data shows that over the past week, net outflows from ETH spot ETFs reached as much as $59.94 million, with leading institutions such as BlackRock, Fidelity, and others continuing to reduce their holdings.
GateNews2h ago
