Categories: Crypto

Christie’s launches new unit for real estate deals paid fully in crypto


Key Takeaways

  • Christie’s becomes the first major brokerage to launch a division dedicated to real estate transactions in crypto.
  • Christie’s move aligns with advancing Trump-backed crypto legislation and growing institutional adoption in real estate finance.

Share this article

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 currency.

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.

Share this article



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

Brevan Howard now largest investor in BlackRock Bitcoin ETF

Key Takeaways Brevan Howard is now the largest institutional investor in BlackRock's Bitcoin ETF, holding…

16 minutes ago

Review: The JBL PartyBox 520 made my wedding even better

Weddings can be a test on your sanity and bank account, but as a product…

54 minutes ago

Bitcoin Price Watch: Rejection From $124K Sparks Short-Term Bearish Outlook

Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion.…

60 minutes ago

Ethereum Price Rejects at ATH as ETF Flows Reverse and SBET Drops

Ethereum’s rally stalled just 1.94% below its November 2021 all-time high of $4,878 before sellers…

1 hour ago

UN Plastics Treaty Talks Once Again End in Failure

Despite Friday’s outcome, the plastics treaty does not yet appear to be dead. Virtually all…

2 hours ago

Scott Bessent | Mixed Signals on US Bitcoin Buying Plans

U.S. Treasury Secretary Scott Bessent confused financial markets this week when he made seemingly contradictory…

2 hours ago