Coinbase just rolled out a crypto-backed mortgage product. Here's the alpha:

You can now buy a house WITHOUT selling your BTC.

How it works:

- 250% BTC collateral required (they value your stack at 40% of market price)

- Two loans merged into one monthly payment

- Keep your Bitcoin exposure while getting real estate leverage

This is interesting for holders who believe BTC will outperform real estate long-term but need liquidity now.

Risk: If BTC dumps hard, you face margin calls on your house. Not for weak hands.

Bullish signal: TradFi banks are finally building products around holding crypto long-term instead of forcing sells.