Crypto venture firm Framework Ventures has partnered with mortgage services company Better to launch a $500 million plan integrating with the decentralized finance protocol Sky, enabling the creation of tokens tied to mortgages. The plan reflects broader interest in tokenization from traditional finance companies, with Framework also purchasing 10% of Better’s stock. The tokens will initially be available only to accredited investors. Better’s stock has struggled since October, down nearly 17% this year. CEO Vishal Garg cited lower fees and operating costs as key drivers for the company’s push into crypto.
Read more at Cointelegraph: Framework Ventures to Help Better With DeFi Play
