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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.

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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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