Block Earner secures A$8 million to expand crypto product portfolio

Sydney, Australia, 18 August 2025 – Block Earner, Australia’s leading provider of crypto-backed loans, which recently launched the first Bitcoin-backed home loan, already attracting over A$400m in mortgage demand, today announced it has raised A$8 million in a Series A financing led by CMCC Global’s Titan Fund, with participation from King River Capital, Australia’s leading digital asset VC investor and early backer of Immutable. The funding will support the company’s growth in Australia and early-stage expansion into international markets.

This follows Block Earner’s A$7 million Seed round in 2022, led by global investors including Framework Ventures and Coinbase Ventures, bringing total funding to A$15 million to date.

The Bitcoin-backed home loan enables borrowers to use Bitcoin as security for deposit finance, allowing them to enter the property market while maintaining full market exposure to their holdings. The strong uptake since launch highlights the growing appetite for regulated, crypto-integrated financial solutions in Australia.

This latest funding will accelerate Block Earner’s mission to bridge the gap between digital and traditional finance. As global crypto markets mature, driven in part by increased institutional investment, volatility has stabilised to levels comparable with listed equities. With over 4 million Australians now holding over $50 billion in crypto assets, demand is surging for regulated products that offer the same utility and flexibility as traditional financial instruments.

Block Earner is well-positioned to respond to this demand with its innovative crypto-backed credit products. Investors can borrow against their crypto while retaining ownership of the asset, enabling them to preserve upside potential over the life of the loan.

In addition to this utility, Block Earner’s platform simplifies the complexity often associated with crypto lending by offering a single, seamless user experience. Tasks that might require multiple, complex steps elsewhere are completed in one place, with the familiarity of a modern banking app.

As part of its product expansion, Block Earner plans to extend the ways in which customers can use their digital assets to participate in mainstream financial markets without having to liquidate their holdings.

Charlie Karaboga, CEO and Co-Founder, commented: “Crypto can no longer be considered as a trend. Its performance over time has shown that crypto should be treated like any other asset class. At Block Earner, we build innovative products to help investors use their crypto in the same way they would use their other assets. By enabling crypto to be used as loan collateral without needing to sell it, we can unlock billions in value that would otherwise sit idle in the Australian economy.”

James Coombes, Chief Commercial Officer, added: “Since launching in 2021, we’ve seen strong and consistent growth. Our customers are increasingly looking for a seamless, trusted platform that helps them manage their digital assets, access global DeFi products, and put their crypto to work with ease, security and transparency."

With blockchain fast becoming the infrastructure backbone of modern finance, from instant global remittances to tokenised assets and next-generation lending, Block Earner is ensuring everyday Australians can safely participate in this shift with regulated, high-utility digital finance products.

Block Earner is registered with AUSTRAC and operates under a Corporate Authorised Representative of an Australian Credit Licence (ACL). The company has prioritised security-first development, including biometric withdrawal verification and crypto custody protections. It also provides customers with tools to monitor loan-to-value ratios and manage loan health, offering transparency and control of their portfolios.

Block Earner is an Australian-based FinTech company powered by blockchain technology. We’re on a mission to provide a user-friendly interface for everyday Australians to access the benefits of decentralised finance, giving them more freedom over how their money is stored, moved, and grown. Block Earner is a digital asset provider with digital vaults secured with Fireblocks, an ISO and SOC2-certified asset custodian.

Block Earner has been recognised as a leader in the blockchain and financial technology space, winning multiple industry awards, including:

The Titan Fund offers accredited investors exposure to attractive growth opportunities within the blockchain ecosystem through a traditional equity venture capital investment strategy focusing on pre-seed to series A along the key investment verticals of Infrastructure, Fintech and Consumer Applications. The Titan Fund is CMCC Global’s latest fund strategy and complements its Digital Asset Funds, which have been investing directly into protocols and crypto assets since 2016, and its Crest family of funds that invests into crypto quant funds. Founded in 2016, CMCC Global is one of the first and largest venture capital firms in Asia-Pacific focused on blockchain technology.

King River Capital invests in early to mid-stage high-growth technology businesses solving critical problems. Since its founding in 2019, King River has raised three software funds, one digital asset fund, and a separate web3 gaming fund in collaboration with Immutable and Polygon Labs. King River has invested in 27 software companies, primarily across North America and Australia.

King River Capital has a global team of 25 professionals operating from offices in Sydney, New York, Denver and London.