According to Odaily Planet Daily, Avalanche-based real estate equity mortgage institution and tokenization platform Homium completed a US$10 million Series A financing round, led by Sorenson Impact Group and Avalanche Blizzard Fund.

Homium, a real estate equity mortgage lender and tokenization platform, has launched its first home equity loan on Avalanche. Homium loans are currently live in Colorado with plans to expand to other states. As part of obtaining the loan, homeowners pledge a portion of the appreciation in the value of their home.