Better Home & Finance Holding Company (NASDAQ: BETR), the AI-native mortgage and home equity finance company, and Framework Ventures, a leading SF-based venture capital firm with a background in the decentralized finance ecosystem, today announced they have agreed to launch a strategic partnership that aims to provide $500MM in credit via integration of Better into the Sky stablecoin ecosystem as the home finance “Star” within the Sky ecosystem. Sky allocates capital across various “Stars” spanning multiple sectors; these entities deploy the capital to generate yield and direct the resulting earnings back into the Sky ecosystem. Better intends to integrate into the Sky ecosystem through Obex, a Sky-focused incubator administered by Framework Ventures, and backed by a $2.5 billion commitment from Sky.

“We believe that Better’s integration into the Sky ecosystem could be a win for all parties: with this capital injection, we think Better will be able to rapidly scale origination and potentially lower mortgage rates for consumers in the long term. At the same time, bringing Better on as a Star would give the Sky stablecoin ecosystem a powerful and differentiated new source of yield,” said Vance Spencer, Co-Founder of Framework Ventures. “We view real-world assets as one of the most important frontiers in decentralized finance, and government-backed conforming mortgages are one of the largest real world asset classes in the world, comprising over $12 trillion in the United States alone. We were impressed by Better’s Tinman AI platform and its capability to originate mortgage and home equity assets, along with the company’s broader track record of originating more than $110 billion in loans.”

Better would retain full responsibility related to underwriting and loan origination. The Star would provide an alternative source of warehouse funding for Better, providing access to diversified capital on attractive terms that would improve funding efficiency and pass savings along to customers. Similar to traditional warehouse funding, the structure would be secured by originated assets and would not increase Better’s balance sheet risk profile.

“We believe tokenization has the potential to unlock efficiency and global liquidity in housing finance, one of the largest asset classes in the United States,” said Vishal Garg, Founder and CEO of Better. “We will be the first conforming mortgage originator to deploy tokenized capital to responsibly support mortgage assets at institutional scale, and in doing so lower funding costs for both Better and its Tinman AI platform partners, and their consumers by over 100 bps per year by integrating into the Sky Ecosystem. The full realization of our plan will translate into potentially sub 5% interest rates for Better’s customers when the rest of the industry is charging over 6%, in addition to significantly lowering the capital requirements for Better to finance its future growth plans as it scales from $500 mm per month to over $1 billion per month in originations in 2026. All this while providing token holders with yields well above current Stablecoin yield or rewards with superior credit risk. We’re just getting started.”

The adoption of tokenized financial assets has continued to accelerate across markets. Recent data shows that tokenized US treasury funds grew 80% to $7.4 billion in 2025 with funds run by BlackRock piloting tokenized products.¹ McKinsey estimates the market for tokenized mutual funds, bonds and exchange traded notes could grow to $2 trillion by 2030.² The companies believe home finance represents the next meaningful asset class to benefit from the evolution of tokenization from Treasuries into other Real World Assets.

Sources

¹ Source: Financial Times, “Investors pile into tokenised Treasury funds,” 2024
² Source: McKinsey & Company, “From ripples to waves: The transformational power of tokenizing assets,” 2025

Disclaimer

References in this press release to “Better,” the “Company,” “we,” “our,” or “us” refer to Better Home & Finance Holding Company and its consolidated subsidiaries, unless indicated otherwise. References to “Framework” refer to Framework Ventures and its consolidated subsidiaries, unless otherwise indicated.

About Better Home & Finance Holding Company

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $100 billion in loan volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman®, to achieve a singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman® allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first voice-based AI loan assistant built exclusively for the mortgage industry, revolutionizes the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. Better serves customers in all 50 US states and the United Kingdom.

For more information, follow @betterdotcom on Instagram and TikTok.

About Framework Ventures

Framework Ventures is a prominent SF-based VC firm known for its early investments in several multi-billion dollar protocols across the DeFi and blockchain industries. In 2022, the firm raised $400M for its third fund and has since significantly expanded into additional maturing verticals like AI, energy, stablecoins, tokenization, and more. To learn more, visit https://framework.ventures/.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release that are not historical fact should be considered forward-looking statements, including, without limitation, statements and expectations regarding Better’s relationship with Framework, including the Token Facility and the other plans and intentions of Better and Framework described in this press release. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “target,” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual future events to differ materially from those expressed or implied by the forward-looking statements in this communication. These risks and uncertainties include those discussed in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as any such factors may be updated from time to time in the Company’s other filings with the SEC, including without limitation, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, which is available, free of charge, at the SEC’s website at www.sec.gov. New risks and uncertainties arise from time to time, and it is impossible for Better to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Better undertakes no obligation, except as required by law, to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.

Disclosures: Information contained herein is accurate as of the date of publication and is subject to change. This release is not investment advice, and readers should not construe the discussion of any particular organization as a recommendation to purchase or sell or a solicitation of an offer to buy or sell any securities or digital assets related to such organization.