Platform Overview
Megatel Homes is preparing to launch MegPrime, a crypto rewards platform, following the receipt of a “no-action” letter from the Securities and Exchange Commission (SEC). This regulatory approval signals a shift in the US regulatory stance, with SEC leadership indicating increased support for crypto innovation.
The MegPrime platform is designed to allow users to earn MP Tokens for housing-related payments, such as rent. These tokens can subsequently be used for everyday purchases or converted into US dollars.
Megatel stated that the SEC approved the platform's launch under the condition that it strictly adheres to the proposed structure. The regulator has indicated no enforcement action will be taken if these terms are met.
We operated in stealth-mode to meet regulatory requirements. We had to get the foundation right.
Built with clear rules and compliance in mind.
Now we’re ready to share the payments and rewards platform we’ve been working on.
What does that mean for you?
— MegPrimePay (@MegPrimePay) January 16, 2026
MegPrime announced via an X post that it operated in stealth mode to navigate regulatory requirements before its public launch.
MegPrime Targets Renters Facing Housing Affordability Challenges
Aaron Ipour, co-founder of both Megatel Homes and MegPrime, explained that the platform aims to address the growing affordability issues within the US housing market.
While crypto cashback programs have been available through credit cards for years, MegPrime distinguishes its offering by directly linking it to housing outcomes. The platform suggests that renters who utilize MP Tokens for rent payments may qualify to receive up to 100% of their rent paid over the preceding 12 months, with a cap of $25,000 towards a future home purchase.
Current data indicates that approximately 32% of the US population resides in rental housing. In related developments, Coinlander has launched a tokenized mortgage platform that merges real-world assets with deFi yields.
Favorable Conditions: Lower Mortgage Rates and Pro-Crypto Regulation
In addition to benefits for renters, MegPrime also indicates that homeowners could be eligible for mortgage rates up to 2% lower than the prevailing market average, potentially leading to significant savings over the loan's duration.
The average rate for a 30-year fixed mortgage in the US is currently reported as 6.06%, according to Freddie Mac data.
The SEC's approval coincides with a more supportive stance from its leadership towards the cryptocurrency sector. SEC Chair Paul Atkins has consistently expressed his support for digital asset innovation and recently stated optimism regarding the potential for President Donald Trump to sign a crypto-related bill into law this year.