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Propy partners with Abra to provide crypto-backed real estate loans -Breaking

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Propy Partners with Abra for crypto-backed real property loans

Propy is partnering with Abra, the blockchain-based real estate platform. Customers can now get home loans by using their crypto holdings.

Abra Borrow is a crypto lending and borrowing platform that allows Propy customers to pledge digital assets as collateral in order to finance their real-estate purchases. Abra can use crypto collateral as collateral to lend US dollars, which can then be used for home purchases.