BlockBeats News, February 24 — Canadian venture capital firm Framework Ventures has reached an agreement to purchase approximately 10% of the publicly listed mortgage lender Better.com for about $45 million. This move comes as Better.com plans to enter the asset tokenization space and intends to issue token products backed by $500 million in mortgage and other loan assets.
Sources familiar with the matter revealed that this retail-oriented token may be named “Home Token.” The company stated that the initial tokens will be available only to accredited investors, with plans to gradually expand to a broader user base in the future. Vishal Garg, founder and CEO of Better.com, said that tokenization can reduce intermediary steps, thereby lowering financing costs and providing consumers with lower-interest mortgage products.
It is reported that Better.com is working with DeFi ecosystem Sky to advance the tokenization of mortgage assets. Sky uses real-world assets (RWA) to support stablecoins, with the current ecosystem capital approximately $18 billion. Framework Ventures is also one of Sky’s key supporters.
Better.com had planned to go public in 2021 with a valuation of $7.7 billion, but its actual IPO in 2023 saw its stock price plummet over 90% on the first day. The company’s current market value is about $450 million.
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
Bitlayer Phase 2 Airdrop is now open for claiming.
Foresight News: The second phase BTR token airdrop for Bitcoin DeFi infrastructure project Bitlayer is now open for claim. The claim window will remain open for 30 days.
GateNews48m ago
Abandoning "HODLing" causes the stock price to rise over 13%! ETHZilla rebrands to "Forum" and shifts focus to RWA tokenization
The American company ETHZilla has officially rebranded to Forum Markets, transforming into a tangible asset tokenization platform. The stock price surged by over 13%. The company plans to list on NASDAQ under the new ticker symbol FRMM on March 2nd. Despite the rebound in the Ethereum market, ETHZilla still faces valuation adjustments and pressure, has reduced its exposure to Ethereum, and is engaging in physical asset acquisitions, holding 69,802 ETH, remaining one of the major corporate holders.
区块客49m ago
Nivex launches a brand new institutional copy-trading strategy, with a million NXT red envelopes heavily rewarding users
Nivex platform enhances trading experience and returns by introducing institutions like Hyper Hedge, further meeting investor needs. Platform executives interact with the community to strengthen trust, and during the Spring Festival, a large airdrop was conducted as a reward. Nivex is committed to using AI technology to promote smart investing and connect real value.
TechubNews1h ago
WLFI publishes the USD1 real-time on-chain reserve proof page
Foresight News reports that the Trump family’s crypto project WLFI has launched a real-time on-chain reserve proof page for USD1. The official statement says that Chainlink CRE will continuously pull reserve data from BitGo, verify it, and then write it on-chain. The page shows that the current USD1 collateralization rate is 100%, with a total supply of 4,711,598,238.81 tokens.
GateNews2h ago
Uniswap fee switch voting in progress! UNI price defies the trend and rises, with 8 chains potentially generating millions of dollars in monthly revenue
Uniswap token holders have initiated a new round of DAO voting, proposing to enable fee switching mechanisms on 8 blockchains, which is expected to generate significant protocol revenue. UNI has increased by approximately 9% over the past 7 days, while BTC and ETH have declined. If the proposal passes, liquidity fees will be directed into the "token treasury," allowing users to earn rewards by burning UNI, creating a deflationary outlook. The proposal has passed the first round of voting, with the final vote ending on March 4.
GateNews4h ago
Uniswap launches eight-chain fee sharing voting, UNI token monthly earnings could significantly double
Uniswap launched a fee distribution voting on February 27, 2026, across eight Layer 2 blockchains. The proposal allocates one-sixth of transaction fees to the "Token Treasury," allowing UNI holders to earn rewards by burning tokens. The voting will close on March 4. This mechanism aims to increase holder rewards and reduce circulating supply. Currently, the UNI price has recovered approximately 9%.
MarketWhisper6h ago
