Christie’s International Real Estate has created a dedicated division that will handle property sales conducted entirely in cryptocurrencies, according to the New York Times
Christie’s International Real Estate has created a dedicated division that will handle property sales conducted entirely in cryptocurrencies, according to the New York Times.
The brokerage is initially marketing about $1 billion worth of luxury homes through the unit, making it the first major U.S. luxury real-estate firm to court buyers who want to pay with Bitcoin and other digital assets.
The move underscores growing efforts within high-end property markets to tap the wealth generated by crypto investors and could test how seamlessly large-ticket real-estate transactions can be completed on blockchain-based payment rails.
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