Luxury brokerage opens new chapter in real estate with crypto deals
Good news for crypto buffs, as real estate is shifting to digital in the form of cryptocurrencies. This move is adopted and supported by Christie’s International Real Estate . They have launched the first-ever crypto-only real estate division in the U.S. Take a look at how they managed, as well as which organisations were attracted to it.
What’s the News About?
The news mainly focuses on the developing trends of cryptocurrencies in real estate as well. Christie’s International Real Estate, one of the biggest names in luxury property, has started a new division that will handle property transactions done completely in cryptocurrency. This means both buyers and sellers will only use digital currency, such as Bitcoin or stablecoins, instead of cash or bank transfers.
This new team includes experts, lawyers, and analysts who will manage and verify these transactions. The division is led by Aaron Kirman, CEO of Christie’s Southern California, who has already closed several large deals using crypto.
This move positions Christie’s as a leader in property dealer in the US, making it the first major brokerage in the country to create a formal system for such deals.
Source: X
What Are the Notable Crypto Real Estate Transactions?
Christie’s already has a $1 billion portfolio of homes that are open to payments. These include:
-
La Fin: A stunning $118 million mansion in Bel Air, now the most expensive home ever listed for crypto payments.
-
Nightingale: A $63 million house in Beverly Hills with a pool and views of the Los Angeles skyline.
-
Invisible House: A mirrored glass home in Joshua Tree priced at $17.95 million, giving the illusion that it vanishes into the desert.
All these houses can be purchased by individuals who want to invest in such transactions, particularly by people who value privacy and speedy transactions.
How Crypto Transactions Are Being Managed
The brokerage has established a special department that will oversee the property deals where only digital currency is used, and there is no place for traditional banks. The anonymity of buyers is one of the greatest attractions of using digital assets in real estate. Customers tend to establish LLCs that are not backed by typical bank accounts but by cryptocurrency. This assists in maintaining their identities as anonymous, which is what most high-net-worth individuals would like to have.
But to guarantee the legality of every transaction:
-
The source of funds is examined by lawyers.
-
The two parties tend to deal with legal representatives.
-
Transactions are completely online yet safe and proven.
This is already luring millionaires and billionaires who are interested in purchasing real-world assets such as homes using their digital fortunes.
Crypto Supporters and Adopters in the U.S.
The United States government is also in favour of digital currency. Include:
-
Genius Act: An act that establishes federal regulations of stablecoins.
-
Clarity Act 2025 : A bill that has been passed in the House to ease the stringent rules on crypto.
-
Fannie Mae and Freddie Mac: Now, they can take crypto assets into account when submitting mortgage applications.
Even former President Donald Trump has come out in support of cryptocurrency, and his net worth is currently pegged at $7.1 billion. His company, World Liberty Financial, is performing well too.
Gallup reported that 14 percent of U.S. adults currently hold some type of cryptocurrency, proving that digital assets are gradually entering daily finance.
Final Wrap-Up
With cryptocurrencies in real estate gaining acceptance, this move by Christie is an indicator of how digital assets are gradually finding their way into the mainstream luxury property transactions.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。