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The U.S. Federal Housing Finance Agency (FHFA) is exploring whether digital assets like bitcoin could help Americans qualify for a mortgage.

Anthony Pompliano is set to take his bitcoin treasury startup public in a $1 billion deal that puts crypto squarely on the balance sheet.

Shares of Circle (CRCL), the company behind the USDC stablecoin, surged to a record high Monday, putting its market capitalization within reach of crypto exchange Coinbase.

Top stories in the Crypto Roundup today:

  • U.S. Housing Regulator Weighs Counting Crypto in Mortgage Applications
  • Anthony Pompliano’s ProCap to Go Public in $1B SPAC Deal Backed by Bitcoin Treasury
  • Circle Stock Soars 750% Post-IPO, Closing In on Coinbase’s Market Cap

 
24 hours chart of the price of BTC
 

U.S. Housing Regulator Weighs Counting Crypto in Mortgage Applications

 

The U.S. Federal Housing Finance Agency (FHFA) is exploring whether digital assets like bitcoin could help Americans qualify for a mortgage.

Director Bill Pulte said in a post on X that the agency will review how cryptocurrency holdings might figure into the financial assessments used by Fannie Mae, Freddie Mac and regional Federal Home Loan Banks. 

Those institutions back the majority of home loans in the U.S. and currently require crypto assets to be converted to U.S. dollars and held in regulated banks to be counted in applications.

Pulte, who was appointed by President Donald Trump and took office in March, is known to be a crypto holder himself. Public disclosures show he owns up to $1 million in bitcoin and Solana’s SOL, as well as investments in crypto firms and tech companies.

 
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Anthony Pompliano’s ProCap to Go Public in $1B SPAC Deal Backed by Bitcoin Treasury

 

Anthony Pompliano is set to take his bitcoin treasury startup public in a $1 billion deal that puts crypto squarely on the balance sheet.

ProCap Financial, a bitcoin-native platform focused on holding and managing BTC, will merge with Columbus Circle Capital Corp. I, a SPAC affiliated with financial services firm Cohen & Company. 

The firm has already raised $550 million in preferred equity and secured another $225 million in convertible notes. Those funds are being used to purchase bitcoin ahead of the merger, giving investors exposure to BTC from day one.

Pompliano, a longtime bitcoin advocate and media personality, will lead the new company. Unlike a traditional holding firm, ProCap says it will deploy its BTC across yield-generating strategies.

 
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Circle Stock Soars 750% Post-IPO, Closing In on Coinbase’s Market Cap

 

Shares of Circle (CRCL), the company behind the USDC stablecoin, surged to a record high Monday, putting its market capitalization within reach of crypto exchange Coinbase.

The rally has been dramatic. Since going public earlier this month at $31, Circle stock has climbed more than 750%, closing Monday at $263 after hitting an intraday high near $299. At its peak, the firm’s valuation approached $60 billion, nearly equal to the $61.3 billion supply of its USDC token.

 
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