New Delhi, March 27 -- Homebuyers holding cryptocurrency may now have a new way to finance property purchases in the United States, as digital assets begin to find a place in traditional mortgage lending.

According to a statement released on Thursday, housing giant Fannie Mae will accept cryptocurrency as collateral for down payments through a new partnership between mortgage company Better Home & Finance and crypto exchange Coinbase, Fortune reported.

The move enables borrowers to leverage their crypto holdings without selling them outright. Under the partnership, eligible customers can pledge their digital assets held on Coinbase accounts to support mortgage applications processed by Better, marking the first time Fannie Mae has accep...