Coinbase launches crypto-backed mortgages with Better, offers $10K support for closing costs
Coinbase One members can pledge crypto during mortgage underwriting while keeping their holdings and receive rebates of up to $10,000.
Coinbase Global, Inc. (COIN) price
Full chart and statsLoading chart…
- Last close
- $161
- Close-to-close change
- +0.9%
- Market cap
- $42.5B (shares as of 2026-06-30)
- P/E (trailing)
- Not meaningful: trailing loss. Diluted EPS −3.79 for 2025-07-01 to 2026-06-30, rolled from reported annual and year-to-date EPS (approximate) SEC filing
- Annual revenue
- $7.2B USD (FY ended 2025-12-31) 10-K
- Annual revenue growth
- +9.4% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
- Annual net income
- 1,260,327,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
- Annual operating margin
- 20.0% (FY ended 2025-12-31)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Coinbase Global, Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$161 | $42.5B | Not meaningfulLoss, diluted EPS −3.79 to 2026-06-30 · SEC filing | Unavailable | $7.2BFY ended 2025-12-31 · 10-K | +9.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 1,260,327,000FY ended 2025-12-31, attributable to the company · 10-K | 20.0%FY ended 2025-12-31 |
|
|
$141 | Unavailable | Not meaningfulLoss, diluted EPS −96.98 to 2026-06-30 · SEC filing | Unavailable | $477.2MFY ended 2025-12-31 · 10-K | +3.0%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −3,848,152,000FY ended 2025-12-31, attributable to the company · 10-K | −1,140.8%FY ended 2025-12-31 |
|
|
$82 | Unavailable | 16.3 | Unavailable | $2.7BFY ended 2025-12-31 · 10-K | +63.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −69,508,000FY ended 2025-12-31, attributable to the company · 10-K | −3.5%FY ended 2025-12-31 |
|
|
$22 | $13.0B | Not meaningfulLoss, diluted EPS −4.50 to 2026-05-31 · SEC filing | Unavailable | $6.1MFY ended 2025-08-31 · 10-K | +84.1%FY ended 2025-08-31 vs 2024-08-31 · 10-K | 348,577,000FY ended 2025-08-31, attributable to the company · 10-K | 7,288.1%FY ended 2025-08-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 27, 2026, 8:36 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Better Mortgage and Coinbase have launched general availability for a mortgage product that allows eligible borrowers to use crypto assets in the underwriting process without selling their holdings.
The mortgages are originated and serviced by Better and powered by Coinbase. Better said the loans are designed in accordance with Fannie Mae guidelines, making the first lien a standard conforming mortgage.
Coinbase One members approved for a Better loan can receive a rebate equal to 1% of the mortgage value, capped at $10,000. The rebate is applied as a lender credit toward closing costs.
The companies are also extending the 1% rebate across Better’s other eligible financing products, including standard mortgages, home equity lines of credit and refinances.
The broader rollout follows early demand for the companies’ original crypto backed mortgage offering.
AI, tech, and the markets they move—in one daily briefing.
Daily. Free. Join 34,000+ readers across crypto, finance, and policy.
After opening a waitlist in June, Better and Coinbase said 76% of respondents were already Coinbase One members and 60% planned to purchase a home within six months.
The waitlist represented more than $260 million in projected loan volume before the product became generally available.
Better said the offering is aimed at borrowers whose wealth is increasingly held in digital assets. Eligible Coinbase One members can pledge crypto as part of the mortgage underwriting process while maintaining their investment positions.
The expanded offer became available on August 12 to Coinbase One members applying for eligible Better mortgage products.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

