Blockchain

Christie’s Launches New Unit for Real Estate Deals Paid Fully in Crypto

Christie’s International Real Estate has launched a crypto-focused division, becoming the first major US brokerage to create a dedicated team for digital-only property transactions, according to the New York Times. The new unit includes a dedicated team of lawyers, analysts, and crypto specialists focused exclusively on deals conducted in digital cy.

The division was announced by Aaron Kirman, CEO of Christie’s Southern California, following several high-profile closings, including a $65 million Beverly Hills property sold exclusively in crypto.“The trend was obvious, crypto is here to stay,” Kirman said. “It’s only going to get bigger.” Christie’s now holds a portfolio of over $1 billion in luxury properties available to crypto buyers. These include the $118M La Fin mansion in Bel Air, the $63M Nightingale home in Beverly Hills, and the Invisible House in Joshua Tree, all of which accept digital assets in place of fiat.

The launch comes as federal housing policy shifts toward crypto. In June, regulators directed Fannie Mae and Freddie Mac to draft guidelines allowing buyers to count crypto held on regulated exchanges as mortgage reserves, potentially eliminating the need to cash out. Christie’s move aligns with a broader Washington push, as Trump-backed bills like the GENIUS Act and CLARITY Act, focused on stablecoins and crypto oversight, open new doors for businesses transacting in digital assets.

Terron Gold

Recent Posts

Candy Digital Announces Migration to Solana as NFT Platform Repositions for Long Term Growth

NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…

9 hours ago

US Military Runs Bitcoin Node for National Security Testing, Admiral Tells Congress

The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…

9 hours ago

Over 90% of Web3 Games Failed After $15 Billion Boom as Players Never Showed Up

The Web3 gaming sector is facing a harsh reality check as new data reveals that more…

10 hours ago

Justin Sun Sues Trump Linked World Liberty Financial Over Frozen Crypto Assets

Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…

12 hours ago

Tether Freezes $344 Million in USDT on Tron After Wallets Flagged by U.S. Authorities

Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…

13 hours ago

Kalshi Fines and Suspends Three Congressional Candidates for Betting on Their Own Elections

Prediction market platform Kalshi has fined and suspended three U.S. congressional candidates after determining they engaged in “political…

14 hours ago