Wu said that the crypto mortgage company Milo announced that its total mortgage issuance backed by digital assets has exceeded $100 million, and it completed a single crypto mortgage transaction worth $12 million. It states that the mortgage portfolio has maintained a "zero margin call" to date, with an average interest rate of about 7%, offering up to 100% home financing, a maximum single loan of $25 million, and self-custody mortgage options; under traditional models, collateral assets are safeguarded by custodians such as Coinbase and BitGo, and it claims to be a licensed lending institution audited by SOC 2.