The Rider Residences, Miami’s first short-term rental and crypto-native condominium project by Rilea Group and Ciprés, has announced a pioneering financing partnership with Milo, a Wynwood-based fintech company known for its crypto mortgage solutions.

This collaboration introduces a two-stage financing model that allows crypto investors to purchase units without liquidating their digital assets:

Pre-construction deposits: Buyers can now use their Bitcoin or other cryptocurrencies as collateral to obtain a loan covering the required 40% deposit. This enables them to retain the potential upside of their holdings.

Post-completion financing: Upon delivery, Milo will offer a 30-year crypto mortgage secured by the property, eliminating the need for a traditional down payment and financing up to 100% of the purchase price.

“This is a game-changer for sophisticated buyers who want to preserve their crypto wealth while investing in real estate,” said Diego Ojeda, President of Rilea Group. “The Rider is leading the way in redefining property ownership for a new generation of investors.”

Interest rates for the crypto-collateralized deposit loans are in the high single digits, offering a compelling alternative to asset liquidation. Buyers will also have access to Milo’s platform to manage their loan and complete their deposit schedule seamlessly.

“At Milo, we’re unlocking real estate ownership for crypto holders,” said Josip Rupena, CEO of Milo. “By providing liquidity without selling Bitcoin, we’re enabling long-term value creation through both real estate and digital assets.”

Located at the convergence of Wynwood, Midtown, and the Design District, The Rider recently made headlines for closing Miami’s first wallet-to-wallet Bitcoin condo sale. The project features bold, 1970s-inspired interiors by RADYCA and a full suite of resort-style amenities.

The fully furnished, short-term rental-friendly residences range from studios to three bedrooms, with prices starting in the $400,000s and going up to over $1.8 million. Delivery is expected in late 2026.

The Rider continues to position itself as the go-to destination for crypto-native buyers seeking lifestyle, design, and cutting-edge financial innovation in Miami.