MQube becomes first fintech in Europe to tokenise mortgage debt on the blockchain - IFA Magazine

MQube becomes first in Europe to tokenise £1.3bn of mortgage debt on the blockchain

Mortgage fintech MQube has announced that it has tokenised £1.3bn of mortgage debt on the blockchain, becoming the first company in Europe to bring mortgage assets on-chain. The milestone, achieved via an EVM-compatible blockchain, was completed through MPowered, the One Day Mortgage lender and lending arm of MQube. The tokenisation of assets involves converting tangible or intangible assets, such as real estate, into digital tokens recorded on …

MQube becomes first fintech in Europe to tokenise mortgage debt on the blockchain - IFA Magazine

MQube, the Guilford-based mortgage fintech, has today announced that is has tokenised £1.3bn of mortgage debt on the blockchain. The tokenisation of mortgage assets via an EVM* compatible chain, sees MPowered, the One Day Mortgage lender, and lending arm of MQube become the first in Europe to have its mortgage debt tokenized on-chain. The tokenisation of assets* involves converting tangible or intangible assets such as real estate or art into di…