Homium, a real-estate equity mortgage lender and securitization platform, has gone live with its first home equity loans on Avalanche. The offering comes as real-world asset (RWA) tokenization continues to become more popular with some predicting the market will grow to as large as $10 trillion in this decade. The Homium loans currently live in Colorado, with plans to expand to other states. As part of securing the loan, homeowners commit a portion of their home’s price appreciation. The aim is to help free up trapped home equity and address housing affordability issues in a variety of scenarios, according to the press release.
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