C
hristie's International Real Estate has launched a division focused on facilitating high-end real estate transactions using cryptocurrency, bypassing traditional banking and fiat currency. This move makes Christie's the first major US brokerage to dedicate a team exclusively to digital-only property deals.
The new unit will be led by a team of lawyers, analysts, and crypto specialists who will handle transactions conducted in digital currency. The division was announced after several high-profile closings, including a $65 million Beverly Hills property sold entirely in cryptocurrency.
Christie's now has over $1 billion worth of luxury properties available for purchase using cryptocurrencies, including the La Fin mansion in Bel Air and the Invisible House in Joshua Tree. These properties accept digital assets instead of fiat currency.
The launch comes as federal housing policies shift towards embracing cryptocurrency. Regulators have directed Fannie Mae and Freddie Mac to draft guidelines allowing buyers to use crypto held on regulated exchanges as mortgage reserves, potentially eliminating the need for cashing out.
Christie's move aligns with a broader push in Washington, where Trump-backed bills like the GENIUS Act and CLARITY Act aim to regulate stablecoins and cryptocurrency oversight. This development opens new doors for businesses transacting in digital assets.
