Del Mar, California-based Orange Bridge Inc. has launched Co-Invest, which is being promoted as “a simple process designed to unlock capital from the $32 trillion home equity wealth pool for conversion into Bitcoin.”
According to the company, Co-Invest enables homeowners to convert illiquid home equity into Bitcoin without making payments during a 10-year term. Orange Bridge facilitates each step of the process from unlocking home equity to making the Bitcoin purchase to establishing custody or cold storage of the Bitcoin to the closing of the initial loan to retain all home equity.
Co-Invest is now available in 19 states.
“At Orange Bridge, we’re enabling homeowners to diversify latent-fiat-home equity into the best performing asset of the last decade,” said Steve Uhlir, CEO of Orange Bridge. “Co-Invest provides homeowners with a strategic opportunity to diversify a prudent portion of their home equity into bitcoin, enhancing their financial portfolios without the burden of monthly debt payments.”