Better Home partners with Framework on $500M stablecoin mortgage plan

Nasdaq-listed mortgage company Better Home & Finance has entered into a strategic partnership with crypto venture capital firm Framework Ventures, The Block reported. Better has been designated as a "Star" responsible for a specific sector on the Sky network, granting it access to allocated capital within the ecosystem and securing a credit line of up to $500 million. As part of the agreement, Framework Ventures plans to invest $45 million to acquire an approximate 10% stake in Better.